President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

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.

President Donald Trump announced a joint venture to fund artificial intelligence infrastructure worth billions of dollars with the leaders of Softbank Group Corp., OpenAI LLC, and Oracle Corp., an effort aimed at speeding development of the emerging technology.

Trump announced a $500 billion project called Stargate backed by SoftBank, Oracle, and OpenAI. The details of this project have

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.

U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.

Trump unveiled the Stargate joint venture involving SoftBank Group Corp., OpenAI and Oracle Corp. on Tuesday. The companies will initially invest $100 billion to build US-based infrastructure including data centers for OpenAI.

President Trump on Tuesday announced the creation of a new project to invest up to $500 billion in building the infrastructure needed for artificial intelligence (AI) development over his second

The stock market is off to a great start under the new administration but President Trump’s own social media company isn’t joining in the rally.

About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen

Tech billionaire Elon Musk voiced doubts about President Trump’s newly announced infrastructure plan for artificial intelligence, claiming the technology companies behind the effort do not yet have the $500 billion promised for the project.

(Bloomberg) -- SoftBank Group Corp., OpenAI ... that nobody’s really ever seen before,” Trump said at the White House on Tuesday. The president was joined by SoftBank’s Masayoshi Son ...