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 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.
MU Price Action: Micron Technology shares closed Thursday down 4.02% at $104.84, according to Benzinga Pro.
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
U.S. President Donald Trump dismissed Elon Musk's criticism regarding a $500 billion AI project involving OpenAI, SoftBank, and Oracle. Trump assured the project's financial backing despite Musk's skepticism about funding.
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, the massive infrastructure project to build data centers for OpenAI across the U.S. SoftBank and OpenAI each plans to commit $19 billion of capital to Stargate,
SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.Most Read fr
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.
Explore the pros and cons of the first round of technology developments from President Trump's first week in office. What impact will his bold tech moves have?
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
YouTuber MrBeast, X owner Elon Musk and Oracle Chairman Larry Ellison are names that have floated around in the past week.