OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data ...

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.

SoftBank ( SFTBY) first made the $100 billion commitment in early December during a visit by founder and CEO Masayoshi Son to ...

Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.

Hours later, Elon Musk publicly questioned whether the joint venture would ever get off the ground.Musk wrote on X, his ...

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 disagreement centres around claims made by Musk that the funds promised for the project might not be available as expected.

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

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

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 ...