• Latest
  • Trending
VC funds doubling investments in AI space with GenAI leading the show

Trump’s $500 billion AI plan faces Musk’s criticism

TD Power Systems profit rises 106%; stock up 8.12% in a week

TD Power Systems profit rises 106%; stock up 8.12% in a week

NVIDIA acquires SchedMD to strengthen Slurm and advance HPC & AI

Jensen Huang’s exit raises concerns for Indian Tech companies

Ola Electric shares in focus after Rs 1,000 crore fundraising plan

Ola narrows Q2FY27 loss; goes full throttle on dealer-driven sales growth

Kalyan Jewellers on investors’ radar after sound Q2FY27 results

Kalyan Jewellers on investors’ radar after sound Q2FY27 results

Tanla Platforms stock on focus after strong Q2FY27 results

Tanla Platforms stock on focus after strong Q2FY27 results

Suprajit Engineering profit rises 5% in Q2FY27 to Rs 53 crore

Suprajit Engineering profit rises 5% in Q2FY27 to Rs 53 crore

Rentomojo profit falls 63%, revenue rises 53% in Q2FY27

Rentomojo profit falls 63%, revenue rises 53% in Q2FY27

The return of the king: Middle East fires ignite coal’s massive comeback

India Plans More Investment for Piped Natural Gas Amid LPG Supply Issues

BlueStone Jewellery sales grow 45% this festive season

BlueStone Jewellery sales grow 45% this festive season

H2 of FY25 to be better than first two quarters for Data Patterns on higher order intake

Data Patterns Q2 profit falls 54% but stock up on positive commentary

Tata Motors secures 96.25% stake in Italian vehicle maker Iveco Group, moves to acquire remaining shares

Tata Motors secures 96.25% stake in Italian vehicle maker Iveco Group, moves to acquire remaining shares

MakeMyTrip’s India unit gets Sebi nod for IPO

MakeMyTrip’s India unit gets Sebi nod for IPO

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Saturday, November 14, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Trump’s $500 billion AI plan faces Musk’s criticism

in Blog
Reading Time: 2 mins read
0
VC funds doubling investments in AI space with GenAI leading the show
Share on FacebookShare on Twitter

Athia Sethu

Kochi, 27 January 2025

US President Donald Trump and SpaceX CEO Elon Musk share a strong relationship. Even before taking the office, he entrusted this big responsibility to Musk, and after becoming president, he initiated an initiative to keep the US ahead in the AI race. He planned a $500 billion investment to further the capabilities of AI, which Musk claimed was an uprising.

The program, developed in conjunction with SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman, and Oracle Chairman Larry Ellison, is called ‘Stargate.’ The promise is to create over 100,000 jobs as part of that process to increase America’s capabilities to compete better against the growing tech influence of China.

Musk’s Disapproval: Musk, an informal advisor to Trump, was displeased with the initiative and criticized it on X, a social media platform. He raised questions over the viability of the project, suggesting that tech companies do not have the required money. Musk further pointed out that one of the major investors, SoftBank, has less than $10 billion in secured funds.

The controversy surrounding the project: Musk further targeted a harsh criticism towards Sam Altman with whom he founded OpenAI but is now embroiled in a lawsuit. Trump’s declaration of the project with so much excitement has turned controversial because of the objections by Musk.

In reaction to the criticism from Musk, Trump told the media that all issues had been addressed. He surmised that Musk was angry because the anger was personal, adding, “I have no problem with it. The people involved in the deal are very smart.’

Related Posts

NVIDIA acquires SchedMD to strengthen Slurm and advance HPC & AI

Jensen Huang’s exit raises concerns for Indian Tech companies

0

Athira Sethu Kochi, 13 November 2026 The long-serving chief executive and co-founder of Nvidia Corporation, Jensen Huang, has stepped down...

VA Tech Wabag wins mega order from Reliance Industries

VA Tech Wabag wins mega order from Reliance Industries

0

Athira Sethu Kochi, 29 Oct 2026 The share prices of VA Tech Wabag, one of the leading players in water...

ICICI Bank net profit jumps to ₹14,843 crore in Q2

ICICI Bank net profit jumps to ₹14,843 crore in Q2

0

Athira Sethu Kochi, 19 Oct 2026 ICICI Bank registered a 20.1% rise in its net profit in the second quarter...

Persistent Systems expands European footprint with Concise’s 90+ tech team

Persistent Systems raises stake in Nagarro to 83.25%

0

Athira Sethu Kochi, 23 September 2026 Mid-tier IT firm, Persistent Systems has upped its stake in Germany-based IT company Nagarro...

NVIDIA acquires SchedMD to strengthen Slurm and advance HPC & AI
Blog

Jensen Huang’s exit raises concerns for Indian Tech companies

0

Athira Sethu Kochi, 13 November 2026 The long-serving chief executive and co-founder of Nvidia Corporation, Jensen Huang, has stepped down...

Read moreDetails
Ola Electric shares in focus after Rs 1,000 crore fundraising plan
Market

Ola narrows Q2FY27 loss; goes full throttle on dealer-driven sales growth

0

Debasis Mohapatra Bengaluru, 13 November 2026 Ola Electric shares are on investors’ radar after the company posted a weak set...

Read moreDetails
Kalyan Jewellers on investors’ radar after sound Q2FY27 results
Market

Kalyan Jewellers on investors’ radar after sound Q2FY27 results

0

Athira Sethu Kochi, 12 November 2026 Kalyan Jewellers India has announced its impressive financial performance for Q2 of the financial...

Read moreDetails
Tanla Platforms stock on focus after strong Q2FY27 results
Market

Tanla Platforms stock on focus after strong Q2FY27 results

0

Athira Sethu Kochi, 12 November 2026 Tanla Platforms Limited witnessed a rise in both revenues and net profits in the...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.