Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the ...
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
The project, which will be financially led by SoftBank and operationally by OpenAI, will see an immediate investment of $100 ...
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.
Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.
President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.
Putting aside his vexing meme-coin launch before his inauguration, the president’s new artificial intelligence initiative, Project Stargate, has made waves across financial markets. Announced Tuesday, ...