Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL ...
Shortly after OpenAI unveiled its $500 billion Stargate initiative, Elon Musk took to his social media platform to express ...
Elon Musk on the new Project Stargate system with $500 billion of funding, says 'they don't actually have the money' to build ...
The billionaire wrote on social media that the companies behind the project don’t have enough money to follow through on ...
The author and editors take ultimate responsibility for the content. SoftBank Group (SFTBF 8.38%) is a Japanese holding company that focuses on investment management. The company was formerly a ...
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% ...
In the summer of 2020, as pandemic-driven volatility gripped markets, SoftBank Group shocked Wall Street with a series of massive options bets on U.S. technology stocks. Behind those trades — wh ...