Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.
Here are some of the stocks Wall Street thinks will win under the Stargate joint venture.
Anthropic Chief Executive Officer Dario Amodei expressed skepticism about the financing for rival OpenAI’s $500 billion infrastructure venture and called the planned project “a bit chaotic.”
Tesla boss in rare break with Donald Trump over AI initiative, saying ‘they don’t actually have the money’
As expected, President Donald Trump repealed his predecessor Joe Biden’s 2023 artificial intelligence (AI) regulations on his first day in office. The
The investment decision by some of the world’s most prominent tech firms coincides with Trump’s rescinding Biden’s order addressing AI’s potential risks. Though some have cheered Trump’s decision, others are concerned.
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.
Musk slammed a Trump-backed $500 billion AI joint venture building out OpenAI’s artificial general intelligence.
Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the venture has much less cash.
The flurry of non-human identity attacks at the end of 2024 demonstrates extremely strong momentum heading into the new year. That does not bode well.
