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.
Microsoft and OpenAI spar with Elon Musk over $500bn Stargate project
OpenAI and Microsoft have hit back at Elon Musk’s criticism of Stargate, the new $500bn artificial intelligence infrastructure project hailed by Donald Trump as a “resounding declaration of confidence in America’s potential under a new president”.
‘Big Money and High Quality People’: Stargate Joint Venture to Invest in U.S. AI Infrastructure
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity generation in Texas to support U.S. AI development.
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 ...
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 ...
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 ...
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Shark Tank investor Kevin O'Leary still interested in his $20B TikTok bid
Canadian investor and Shark Tank star Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC.
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 ...
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, ...
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Oracle Stock Surges Pre-Market On Joining $500B Stargate AI Project Announced By Trump: Retail Turns Euphoric
Shares of Austin, Texas-based Oracle Corp. (ORCL) are on track to open at their highest level since early December after the ...
Zacks Investment Ideas feature highlights Tesla, Amazon, Meta, Oracle and ARM Holdings
Chicago, IL – January 22, 2025 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Amazon AMZN, Meta Platforms ...