President Donald Trump unveiled this program in collaboration with key figures from the tech industry, including SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Chairman Larry Ellison
Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The initiative involves major tech companies like Oracle, MGX, Arm,
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
Elon Musk, CEO of Tesla and SpaceX, has expressed doubts about the financial viability of the USD 500 billion Stargate AI Project, a collaboration between OpenAI and SoftBank Group. Musk questioned SoftBank's ability to fund the massive initiative,
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.
Elon Musk’s criticism of an artificial intelligence (AI) infrastructure project backed by President Trump is presenting an early test of how the SpaceX CEO will balance his personal conflicts in
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.
SoftBank Group Corp. is in talks to lead a $500 million funding round for Skild AI, a startup building robotics software, according to people familiar with the matter.
Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group's Vision Fund 2.
(Reuters) - Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has raised $425 million in venture funding from a group of investors including SoftBank Group's Vision Fund 2.
Seattle-area company Helion Energy gets $425 million from investors including Sam Altman and Softbank to pursue clean energy's "Holy Grail."
The White House broke its days-long silence about SpaceX CEO Elon Musk on Friday, as questions swirled about whether Musk had rankled President Donald Trump when he publicly bashed Stargate, the Trump administration's first major tech initiative.