Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”
'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Bengaluru - OpenAI and Japanese conglomerate SoftBank will each commit US$19 billion (S$25.7 billion) to fund Stargate, a ...
US President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over ...
The two companies would then both own 40% of Stargate, the tech outlet said, citing comments by Chief Executive Officer Sam ...
President Trump is reportedly planning to announce major AI infrastructure investments, signaling a willingness to work ...
Trump was joined by Oracle founder Larry Ellison, OpenAI CEO Sam Altman, and SoftBank CEO Masayoshi Son, who said the ...
EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, ...
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