OpenAI CFO Sarah Friar, who's very "close" to the Stargate deal, confirms the company's ability to financially back the AI project and urges Elon Musk to compete for "the right things."

Tech news outlet The Information first reported on an OpenAI data centre project called Stargate in March 2024, indicating that it had been in the works long before Trump announced it. View on euronew

The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.

Anthropic's latest funding round will place it among the most valuable unlisted companies in the US. It's a group that includes SpaceX and OpenAI.

The tech world is abuzz as two of its most prominent figures, Elon Musk and Sam Altman, have taken to social media to air their grievances over the controversial Stargate project. Also read: What a Li

President Donald Trump on Tuesday announced Stargate, a new entity that plans to invest $500 billion in artificial intelligence infrastructure with the goal of making advancements in industries like health care and positioning the U.S. as the leader in AI.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech

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.

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

President Donald Trump's announcement on Tuesday of a $500 billion investment into artificial intelligence infrastructure was quickly upended by a

Plus: Blue Origin and SpaceX launch big rockets, how magnets could guide lasers to make better computers, how to best work with your IT department and more.

Arm Holdings Plc. (ARM) shares dropped over 8% on Thursday, pulling back from their best session in over a year. Stocktwits data also shows that message volume on the ticker increased nearly 560% on Wednesday after the announcement.