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SoftBank 'doesn't have the money' for $500 billion Stargate AI infrastructure investment plan - Musk
President Trump announced on Tuesday a massive AI infrastructure project involving OpenAI, Oracle (NYSE:ORCL), and SoftBank (TYO:9984), with an investment plan of up to $500 billion. This project, named Stargate,
Elon Musk Says Project Stargate Doesn't 'Actually Have The Money' After Trump Announces $500 Billion AI Investment Led By SoftBank, Oracle And OpenAI
Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”
Musk casts doubt on Trump-backed Stargate project: 'They don't actually have the money'
Elon Musk has cast doubt on if there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by Trump on Tuesday.
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Elon Musk Questions Funding of Trump's Stargate AI Project: Live Updates
Trump is signing sweeping executive orders this week, targeting DEI programs, climate agreements, and border security. Follow Newsweek's live blog coverage.
Microsoft CEO says he is good for Stargate money after Musk questions financing
CEO Satya Nadella shrugged off funding concerns raised by Elon Musk over the $500 billion AI infrastructure project, Stargate, spearheaded by President Trump.
22h
on MSN
Trump Open To Elon Musk Or Larry Ellison Buying TikTok: Calls US Permit Key To $1 Trillion Valuation
CEO Elon Musk or Oracle Corp. (NYSE:ORCL) Chairman Larry Ellison acquiring TikTok, marking a significant shift in the ...
20h
Trump says he is open to Musk buying TikTok if Tesla CEO wants to do so
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla ...
1d
on MSN
Why Oracle Stock Is Soaring Today
Shares of Oracle ( ORCL 7.17%) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. The leg up comes as the ...
10h
Trump's AI push, Netflix surges, possible TikTok buyers: 3 Things
Nasdaq futures (NQ=F) are jumping this morning after President Trump announced Stargate, a push to help support AI growth in ...
12d
Prediction: This Powerhouse AI Stock Will Join Nvidia, Broadcom, Tesla, and Others in the $1 Trillion Club Within 4 Years
Oracle stock trades at a price-to-earnings ratio (P/E) of 40.5, which is a slight premium to the average P/E of Microsoft, ...
Black Star News
15h
Oracle Stock Price Soars After $500 Billion ‘Stargate’ AI Investment
Discover why Oracle stock is soaring, from AI projects like Stargate to cloud computing growth. Learn what’s driving its rise ...
5h
on MSN
Chipmakers Rally On AI Stargate Bet, Netflix Soars, Bitcoin Falters As Trump Keeps Quiet On Crypto: What's Driving Markets Wednesday?
Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's ...
12h
on MSN
Trending tickers: Nvidia, Oracle, Netflix, Adidas and JD Wetherspoon
The stock was also trending after Trump reportedly said at event on Tuesday that he would be open to Oracle chairman Larry ...
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