Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
The companies expect to commit $100 billion to Stargate initially and invest $500 billion into the venture over the next four ...
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his ...
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...
SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to ...
The disagreement centres around claims made by Musk that the funds promised for the project might not be available as expected.
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
The Stargate announcement prompted immediate skepticism over whether it would come to fruition, or represented new spending ...
The source pointed out that MGX has $100b in capital commitments, Oracle has $11b in cash on its balance sheet and OpenAI ...
A $500B JV and an executive order that could speed up data center builds - Trump's second term is already shifting the data ...