Microsoft’s absence from OpenAI’s Stargate announcement follows months of tension between the companies and signals a new era ...
It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s ...
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion. On the second day of his ...
The companies expect to commit $100 billion to Stargate initially and invest $500 billion into the venture over the next four ...
OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...
Elon Musk and OpenAI CEO Sam Altman are in a dispute over the Stargate AI project proposed by Donald Trump, which aims to ...
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.
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.
The source pointed out that MGX has $100b in capital commitments, Oracle has $11b in cash on its balance sheet and OpenAI ...
Tech titan Elon Musk cast doubt yesterday on a $500 billion AI project announced by US President Donald Trump, saying the ...