Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.

But within hours of the announcement, SpaceX CEO Elon Musk had already started taking shots at Trump's highly touted project. Newsweek reached out to SpaceX and a White House spok

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 ...

SpaceX plans to build a new vertical integration facility in Florida by Aug. 2026 for Starship assembly and integration.

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,

Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's feuded with CEO Sam Altman.

When President Donald Trump joined tech executives on Tuesday to tout a multibillion-dollar artificial intelligence project led in part by OpenAI, one question sprang to mind: Where’s Microsoft Corp.?

Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.

Japanese technology investor SoftBank Group and its majority-owned Arm Holdings ... year and the soaring valuation of his rocket company SpaceX. Elon Musk's net worth tops $400 billion, Forbes ...

SpaceX boss, Elon Musk on Wednesday criticised a $500 billion Artificial Intelligence project announced by United States President Donald Trump, saying the