Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump
OpenAI CEO Sam Altman speaks at the White House as a major investment deal between Oracle, SoftBank, and OpenAi is announced on January 21, 2025.Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL),
Elon Musk throws shade at $500 billion Stargate venture
Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that could suggest friction at the heart of the new administration's focus on America's leadership in the global technology race.
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.”
Elon Musk has his doubts about Stargate. Here’s why he may be right.
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.
Elon Musk criticizes the $500 billion AI plan Trump boasted about
Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the venture has much less cash.
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”.
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Elon Musk Questions Funding of Trump's Stargate AI Project: Live Updates
Trump is signing sweeping executive orders this week, targeting DEI programs, climate agreements, and border security. Follow Newsweek's live blog coverage.
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 ...
Why Oracle Stock Is Soaring Today
Shares of Oracle ( ORCL 7.17%) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. The leg up comes as the ...
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Shark Tank investor Kevin O'Leary still interested in his $20B TikTok bid
Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC.
Prediction: This Powerhouse AI Stock Will Join Nvidia, Broadcom, Tesla, and Others in the $1 Trillion Club Within 4 Years
Oracle stock trades at a price-to-earnings ratio (P/E) of 40.5, which is a slight premium to the average P/E of Microsoft, ...
Trump's AI push, Netflix surges, possible TikTok buyers: 3 Things
Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in ...
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Elon Musk, Sam Altman fight over Stargate on social media
San Francisco, Jan 23 (IANS) The xAI owner Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the enormous ...
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Microsoft (MSFT) and Oracle (ORCL) Set for Continued Growth in 2025, CWEB Analysts Optimistic About AI Ventures
Microsoft (MSFT) and Oracle (ORCL) are expected to maintain strong growth in 2025, driven by their positions in cloud ...
Chipmakers Rally On AI Stargate Bet, Netflix Soars, Bitcoin Falters As Trump Keeps Quiet On Crypto: What's Driving Markets Wednesday?
Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's ...