SoftBank Group Corp. and OpenAI each plan to commit $19 billion of capital to Stargate, the $100 billion US AI endeavor President Donald Trump unveiled this week, the Information reported.

Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that ...

The source pointed out that MGX has $100b in capital commitments, Oracle has $11b in cash on its balance sheet and OpenAI ...

Elon Musk questioned the financial viability of Trump's $500 billion AI infrastructure plan, known as Stargate, which ...

Tech titan Elon Musk cast doubt yesterday on a $500 billion AI project announced by US President Donald Trump, saying the ...

The OpenAI CEO stated that though he didn't agree with the President on everything, he would be "incredible" for the country ...

In one of his first moves as the 47th President of the United States, Donald Trump announced a new US$500 billion project called Stargate to ...

Trump on Tuesday talked up a joint venture investing up to USD 500 billion through a new partnership formed by OpenAI, the ...

The clash over Stargate is the latest chapter in a years-long dispute between Elon Musk and Sam Altman, who co-founded OpenAI ...

Calling it the largest AI infrastructure project in history “by far”, Trump said the joint venture called Stargate will build data centres and create more than 100,000 jobs in the United States.

Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.

The ChatGPT maker will hold a 40% interest in Stargate, and would act as an extension of OpenAI, the report said, citing ...