By Sam Nussey and Anton Bridge TOKYO (Reuters) -SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
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.
Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.
Here are the top takeaways from Trump’s press conference. One of Trump’s first executive actions as the 47th president of the nation was to grant pardons and commutations to all of the defendants convicted over the Jan. 6 Capitol riot, sparking criticism from Democrats who denounced the move.
President Donald Trump's first full day back in office includes announcing an investment in artificial intelligence infrastructure.
Musk, the billionaire SpaceX and Tesla CEO, took shots this week at Stargate, Trump's highly touted project, and its partners.
Elon Musk has made plenty of right-wing extremists giddy following his questionable gesture this week, which was compared to the Nazi salute. While praising President Donald Trump on Monday on Inauguration Day,
President Donald Trump announced an A.I. initiative called Stargate. During a press conference at the White House attended by SoftBank (SFTBF) CEO Masayoshi Son and Oracle founder Larry Ellison, the returning President told reporters the initiative will invest $500 billion—equivalent to almost 2 percent of the annual U.
Earlier this week, he unveiled perhaps the most ambitious infrastructure project in history—and all but dedicated it to Sam Altman.