Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
Oracle stock took off as President Trump announced the Stargate AI infrastructure project. Read why I maintain my buy rating for ORCL stock.
OpenAI announced a new joint venture named The Stargate Project which aims to build a number of data centers for AI in the ...
President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure ...
The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.
The new joint venture between OpenAI, Oracle, SoftBank and other partners intends to build the infrastructure needed to greatly expand artificial intelligence in the U.S.
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
OpenAI’s plan to build new data centers will get no government subsidies and is in fact already well underway.