Tech Billionaires Announce ‘Project Stargate’ With Trump, But Where’s Elon?
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.
Trump announces $500B “Stargate” AI infrastructure project with AGI aims
On Tuesday, OpenAI, SoftBank, Oracle, and MGX announced plans to form Stargate, a new company that will invest $500 billion in AI computing infrastructure across the United States over four years. The announcement came during a White House meeting with President Donald Trump, who called it the "largest AI infrastructure project in history."
OpenAI, Stargate and SoftBank
The Stargate AI project has prominent and wealthy backers, but $500 billion in spending could still prove to be a heavy lift.
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.
The dependency dance between AI pioneer OpenAI and the Microsoft Azure cloud and the application software divisions of its ...
President Donald Trump unveiled the $500 billion Stargate Project for AI infrastructure in the US, sending AI cryptos surging ...
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
Key Takeaways Arm Holdings shares will likely remain on investors’ radar screens after surging 16% Wednesday following news ...
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.
Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
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