Following his inauguration, President Donald Trump unveiled what he calls “the largest AI infrastructure project in history.” Dubbed Stargate, the $500 billion joint venture between OpenAI, Oracle (ORCL),
Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge
The Federal Aviation Administration is requiring Elon Musk's SpaceX and Jeff Bezos' Blue Origin to investigate what went wrong on their respective mega-rocket test flights this week. The regulator ...
Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI's board and is now testing Musk's influence with the new president.
Arm Holdings Plc. (ARM) shares dropped over 8% on Thursday, pulling back from their best session in over a year. Stocktwits data also shows that message volume on the ticker increased nearly 560% on Wednesday after the announcement.
Trump called the joint venture - known as Stargate - "a new American company that will invest $500 billion at least in AI infrastructure in the United States," promising that it will create more than 100,000 jobs. He made clear that the initiative is aimed at thwarting China and its AI efforts.
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla (TSLA.O), CEO wanted to do so. The short video app used by 170 million Americans was taken offline temporarily for users shortly before a law that said it must be sold by its Chinese owner ByteDance on national security grounds,
San Francisco, Jan 23 (IANS) The xAI owner Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the enormous infrastructure project to build data centres for OpenAI across the US.
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EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global economic issues,
Larry Ellison, the founder of Oracle (ORCL), is ending 2024 with a fortune ... his involvement in companies such as Tesla (TSLA) and SpaceX and, of course, the social media platform X formerly ...