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Trump Announces Stargate, a Massive New Investment in AI
The venture involves OpenAI, SoftBank, and Oracle, and starts with an investment of $100 billion. On the second day of his second presidency, Donald Trump announced the creation of a joint venture with OpenAI,
What is Stargate, Trump's ambitious AI infrastructure venture?
The $500 billion Stargate project is projected to create hundreds of thousands of jobs. Here's what's known so far.
AI’s $100 Billion Stargate Venture Touted by Trump Will Tap Solar Power
A $100 billion venture that President Donald Trump heralds as accelerating artificial intelligence in the US is expected to depend in part on power sources favored by his climate-focused predecessor — solar and batteries.
Musk undermines Trump’s Stargate AI investment announcement, CNBC reports
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
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.
12h
Biotech Venture Investors Optimistic, But Uncertainties Persist
Biotechnology venture capital is recovering from its slide and investors are expressing optimism about 2025, even as they ...
InvestmentNews
11h
Musk questions whether $100B AI venture backers have the money
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White ...
1d
on MSN
‘Big Money and High Quality People’: Stargate Joint Venture to Invest in U.S. AI Infrastructure
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity ...
3d
on MSN
Irish venture capital investments rise with upbeat outlook for 2025
Factors such as rebounding interest in new technologies, as well as the government announcing new schemes supporting the ...
10d
How Venture Capital Investment In Women’s Health Changed In 2024
Was 2024 women's health's standout year? In response to a January 2023 Forbes story, this article answers that question by ...
1d
Investors balked at Venture Global's earnings outlook before IPO price cut
Venture Global LNG was forced to nearly halve the valuation it is seeking in its U.S. initial public offering (IPO) after ...
1d
Google increases investment in Anthropic by another $1 billion
The new tranche of money from Google into Anthropic adds to a total investment of $8 billion from Amazon, the ecommerce group ...
8h
on MSN
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.
Fierce Healthcare
12h
Redesign Health partners with Sanabil Investments to launch healthcare venture studio in Saudi Arabia
New York City-based Redesign Health, a venture builder, has supported founders in launching more than 60 healthcare startups.
7d
Investing In Women: A Strategic Imperative For Diverse And Profitable Venture Capital
Diversity in venture capital (VC) has emerged as a pressing issue, with the industry facing a stark underrepresentation of ...
tom's Hardware on MSN
1d
Open AI, Oracle, and SoftBank to invest $500 billion in 'Stargate' AI project
Stargate, a joint venture between Open AI, Oracle, and SoftBank, will invest $500 billion in building AI infrastructure ...
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