Latest in Stargate Venture
Sort by
33 items
-
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
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 billionaires ...ABC News - 25m -
Firms in Trump's Stargate venture have touted DEI programs, clashing with new order
President Trump has announced a major AI initiative called "Stargate" -- but the firms involved have DEI policies that go against his goal of eliminating such programs.ABC News - 10h -
Elon Musk Casts Doubt on Trump’s $100 Billion Stargate A.I. Announcement
Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.The New York Times - 14h -
Musk undercuts Trump on Stargate AI investment announcement
Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.CNBC - 18h -
OpenAI Stargate is a $500B bet: America’s AI Manhattan Project or costly dead end?
OpenAI, Oracle, Softbank and MGX are investing a record amount in new AI infrastructure even as China's DeepSeek outperforms on cost.VentureBeat - 20h -
Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - 1d -
Elon Musk has his doubts about Stargate. Here’s why he may be right.
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.MarketWatch - 11h -
As Nvidia’s stock gains, one analyst shows why Stargate could be so significant
Will Nvidia become part of the “Trump trade?” Melius Research says the new Stargate joint venture may signal more AI-friendly moves ahead and help the company’s long-term growth.MarketWatch - 13h -
Here's what to know about Trump's Stargate AI deal with OpenAI
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.CBS News - 14h -
Elon Musk undercuts Trump's Stargate AI investment announcement
Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. artificial intelligence ...NBC News - 18h -
LNG exporter Venture Global slashes IPO price range despite President Trump’s pro-energy push
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.MarketWatch - 18h -
Tech giants are putting $500bn into 'Stargate' to build up AI in US
Trump has extolled the project as an important investment, but Elon Musk is throwing shade on it.BBC News - 19h -
OpenAI spars with Elon Musk over $500bn Stargate project
Tesla boss in rare break with Donald Trump over AI initiative, saying ‘they don’t actually have the money’Financial Times - 19h -
Trump may not like wind power, but Stargate AI plan is a boon for GE Vernova
GE Vernova’s stock was rallying toward a sixth straight record close Wednesday as optimism over how the power business will benefit from President Trump’s AI plan overshadowed weakness in wind.MarketWatch - 20h -
Musk: 'They don't actually have the money' for Trump-touted Stargate project
Tech billionaire Elon Musk voiced doubts about President Trump's newly announced infrastructure plan for artificial intelligence, claiming the technology companies behind the effort do not yet have ...The Hill - 21h -
U.S. investors liked the Stargate AI news. Asian investors loved it.
SoftBank shares surged — on five times the previous day’s volume — on Wednesday after the Japanese investment group landed a starring role in an U.S. artificial intelligence infrastructure buildout ...MarketWatch - 1d -
Trump unveils $500bn joint AI venture between OpenAI, Oracle and SoftBank
Dubbed Stargate, it aims to construct data centers and infrastructure needed to power AI development. Donald Trump has unveiled what he called “the largest AI infrastructure project in history” – a ...The Guardian - 1d -
Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.MarketWatch - 1d -
Trump Announces Project Stargate, a Massive New Investment in AI
The venture involves OpenAI, Softbank, and Oracle, and starts with an investment of $100 billion.Inc. - 1d -
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.NBC News - 1d -
Generali and Natixis Ink Asset-Management Joint Venture
Generali and the owner of France’s Natixis Investment Managers agreed to jointly create a European asset manager overlooking nearly $2 trillion.The Wall Street Journal - 2d -
Trump-backed crypto venture to extend token sales after raising $1bn
Entrepreneur Justin Sun among investors buying into World Liberty FinancialFinancial Times - 2d -
Bitkraft Ventures hires Anuj Tandon to kick off game investments in India
Anuj Tandon has joined Bitkraft Ventures, a seed-stage investor for interactive media and games, as partner focused on the fast-growing Indian game market.VentureBeat - 5d -
How GTA pioneer Dan Houser’s Absurd Ventures will make great worlds with strong storytelling
South Korean game publisher Smilegate recently made a strategic investment and became a partner in Absurd Ventures, a game studio founded by Rockstar Games cofounder Dan Houser. Houser spent more ...VentureBeat - 6d -
How AI Triggered a Venture Capital Uptick in 2024
VC dealmaking is on the rise, but still well below peak levels in 2021.Inc. - Jan. 14 -
Disney’s streaming strategy gets more confusing as Venu Sports venture is axed
Analysts are split on whether Disney should move forward with plans to combine Hulu + Live TV and Fubo, following the cancellation of its sports joint venture with Fox and WBD.MarketWatch - Jan. 10 -
Disney, Warner Bros., Fox kill streamed sports joint venture
Three of the nation's largest broadcast media companies have scrapped plans to launch a joint direct-to-consumer streaming platform for live sports, the group announced Friday. Warner Bros. ...The Hill - Jan. 10 -
Piers Morgan targets US after YouTube venture buyout from Rupert Murdoch’s News UK
British presenter’s production company to acquire his ‘Uncensored’ showFinancial Times - Jan. 8 -
Chinese venture capitalists force failed founders on to debtor blacklist
Pursuit of entrepreneurs threatens start-up ecosystem as investors target personal assets to claw back fundingFinancial Times - Jan. 6 -
Venture Capitalist Sues Paypal Over Program for Minority Startups
An Asian-American fund manager accused the payments company of discrimination by ignoring her application under a $100 million initiative.The Wall Street Journal - Jan. 3 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1