President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project,
President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."
The Stargate Project announced at the White House plans to invest $500 billion; Elon Musk has already blasted the plan
His comments mark a rare instance of a split between the world’s richest man and the US President. Read more at straitstimes.com.
AI initiative Stargate, backed by Oracle, OpenAI, and SoftBank, will focus on infrastructure, starting with data centers in Texas.
Tech titan Elon Musk cast doubt Wednesday on a $500 billion AI project announced by US President Donald Trump, saying the money promised for the investment..
Project Stargate is a $500-billion joint venture with OpenAI, Oracle, SoftBank, and MGX to build AI-focused infrastructure including data centres across the US over the next four years—Trump’s first major business initiative since returning to office.
China: Asian equities mostly rose Thursday, cheered by another tech fuelled run up on Wall Street after Donald Trump s huge AI investment
Among the tech names, Netflix jumped around 10% on the back of strong earnings and traded at $999 a share – just short of the $1000 psychological mark. It’s probably a matter of time before Netflix claims the $1000 level provided that the company’s recent gains were driven by the strategic move to stream live events and has potential to fuel organic growth.