Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises,
The Trump administration will ease the way for OpenAI, Oracle, MGX, and SoftBank to build a generative AI computing system.
President Trump hosted executives from Softbank, OpenAI and Oracle at the White House Tuesday to announce “Stargate,” a $500BN private-sector plan to build new AI data centers.
Here are the top takeaways from Trump’s press conference. One of Trump’s first executive actions as the 47th president of the nation was to grant pardons and commutations to all of the defendants convicted over the Jan. 6 Capitol riot, sparking criticism from Democrats who denounced the move.
They don’t actually have the money,” Elon Musk wrote on his social media platform, exposing an early internal rift within the White House.
SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.
GoFundMe, the crowdfunding website where people can quickly raise money to help others, has generated more than $100 million for those impacted by the Los Angeles wildfires. The sum, pledged in the wake of the fires that erupted on Jan.
The White House is expected to announce a multibillion-dollar investment in American artificial-intelligence infrastructure from a joint venture of OpenAI, SoftBank and Oracle on Tuesday afternoon. The companies are committing $100 billion to the joint venture,
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.