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.”
Trump Trade: Musk plays down Stargate AI investment announcement
Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of
SoftBank 'doesn't have the money' for $500 billion Stargate AI infrastructure investment plan - Musk
President Trump announced on Tuesday a massive AI infrastructure project involving OpenAI, Oracle (NYSE:ORCL), and SoftBank (TYO:9984), with an investment plan of up to $500 billion. This project, named Stargate,
Microsoft and OpenAI spar with Elon Musk over $500bn Stargate project
OpenAI and Microsoft have hit back at Elon Musk’s criticism of Stargate, the new $500bn artificial intelligence infrastructure project hailed by Donald Trump as a “resounding declaration of confidence in America’s potential under a new president”.
Musk undermines Trump’s Stargate AI investment announcement, CNBC reports
Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge
OpenAI, SoftBank Building AI Data Centers in $500B Stargate Deal
The Stargate project aims to secure American leadership in AI, protect US national security, and create hundreds of thousands of jobs.
Oppenheimer maintains Tesla stock Perform rating
In summary, Oppenheimer's latest comments on Tesla (NASDAQ:TSLA) reflect a cautious but watchful stance on the company's ...
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Arm Holdings Stock Pulls Back After Best Day In A Year: Retail Confidence Unshaken Amid Musk’s Stargate Concerns
Arm Holdings Plc. (ARM) shares dropped over 8% on Thursday, pulling back from their best session in over a year. Stocktwits data also shows that message volume on the ticker increased nearly 560% on ...
Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla ...
ByteDance Scrambles to Save TikTok as Trump's Deadline Nears
TikTok's future remains uncertain as ByteDance weighs options, while high-profile investors consider potential bids.
Tesla Stock Will Get Help From Trump, Believe Investors. But How?
Based on the EV maker's market performance, self-driving technology has become much more important than even selling EVs.
Trump Open To Elon Musk Or Larry Ellison Buying TikTok: Calls US Permit Key To $1 Trillion Valuation
CEO Elon Musk or Oracle Corp. (NYSE:ORCL) Chairman Larry Ellison acquiring TikTok, marking a significant shift in the ...
Big Tech earnings are coming, and Trump will be top of mind for investors
In addition to Trump, you can guarantee that virtually every tech company will mention AI revenue and spending. According to Jefferies analyst Brent Thill, Microsoft should report improved AI ...