Elon Musk Raises Concerns Over $500 Bn Stargate AI Project By OpenAI, SoftBank
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,
OpenAI, SoftBank Bet Big on AI With $100B Stargate Project Stargate Project
OpenAI and SoftBank ( SFTBY) will each contribute $19 billion to the newly announced Stargate Project, a massive artificial intelligence venture, according to The Information. The project, which also includes Oracle ( NYSE:ORCL) and MGX, will initially raise $100 billion to develop AI-powered data centers in the U.S., starting in Texas.
OpenAI, SoftBank each commit $19 bln to Stargate AI data center, the Information reports
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund a joint venture to develop data centers for artificial intelligence in the U.S., the Information reported on Wednesday, citing OpenAI CEO Sam Altman speaking to colleagues.
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that ...
As Sam Altman-run OpenAI announced the Stargate Project which intends to invest $500 billion over the next four years ...
The author and editors take ultimate responsibility for the content. SoftBank Group (SFTBF 8.38%) is a Japanese holding company that focuses on investment management. The company was formerly a ...
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