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

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

Groww shares in focus as lock-in ends and investors sell

Groww shares in focus as lock-in ends and investors sell

LME aluminium surged to 4-year high: Geojit Investments report

LME aluminium surged to 4-year high: Geojit Investments report

OpenAI buys popular tech talk show TBPN

OpenAI launches OpenAI Deployment Company

SwishX launches Agentic AI platform for pharma, targets $5 million ARR in FY27

SwishX launches Agentic AI platform for pharma, targets $5 million ARR in FY27

Global commodities: Oil surges, metals mixed on Iran tensions

Global commodities: Oil surges, metals mixed on Iran tensions

How to determine your asset allocation based on your age?

Short Term Debt Funds: Meaning and Benefits

Titan Q3FY26 consumer business grows 40%

Titan shares slide after PM’s restraint on purchase call

Hindustan Copper names Ghanshyam Das Gupta as Director Mining, lifting market sentiment

Hindustan Copper names Ghanshyam Das Gupta as Director Mining, lifting market sentiment

TAC Security subsidiary CyberSandia appoints Bruce Oakeley to lead U.S. public sector expansion

TAC Security subsidiary CyberSandia appoints Bruce Oakeley to lead U.S. public sector expansion

ABB India Q1 CY2026 orders jump 25%; Announces $75 million expansion investment amid margin pressure

ABB India Q1 CY2026 orders jump 25%; Announces $75 million expansion investment amid margin pressure

OnEMI Technology makes solid debut on listing

OnEMI Technology makes solid debut on listing

Anthropic partners with Blackstone, Hellman & Friedman and Goldman Sachs to launch enterprise AI services firm

Anthropic partners with Blackstone, Hellman & Friedman and Goldman Sachs to launch enterprise AI services firm

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Wednesday, May 13, 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

Bandhan Bank Q3 FY26 results: Retail deposits rise, CASA ratio moderates

Bandhan Bank Q3 FY26 results: Retail deposits rise, CASA ratio moderates

0

DBT Bureau Pune, 4 Jan 2026 Key Highlights Advances grew 10% YoY to ₹1.45 lakh crore, supported by steady retail...

India’s coffee sector: Heritage, production strength and global recognition

India’s coffee sector: Heritage, production strength and global recognition

0

DBT Bureau Pune, 30 Nov 2025 Legend has it that India’s coffee journey began around 1600 AD when Sufi Saint...

A Hero’s Flight: The Story of Wing Commander Namansh Syal

A Hero’s Flight: The Story of Wing Commander Namansh Syal

0

DBT Bureau Pune, 22 Nov 2025 When Wing Commander Namansh Syal stepped into the Tejas cockpit that morning, he carried...

The basics of NumPy for data analysis

The basics of NumPy for data analysis

0

Athira Sethu Kochi, 30 Oct 2025 NumPy‍‌‍‍‌‍‌‍‍‌ is a Python tool that makes your work with lists of numbers easier....

Groww shares in focus as lock-in ends and investors sell
Data Story

Groww shares in focus as lock-in ends and investors sell

0

Athira Sethu Kochi, 12 May 2026 Shares of Billionbrains Garage Ventures, the parent company of investment platform Groww, are under...

Read moreDetails
LME aluminium surged to 4-year high: Geojit Investments report
Commodity

LME aluminium surged to 4-year high: Geojit Investments report

0

DBT Bureau Pune, 12 May 2026 LME aluminium hit a four-year high in mid-April, maintaining its upward trajectory since the...

Read moreDetails
OpenAI buys popular tech talk show TBPN
Market

OpenAI launches OpenAI Deployment Company

0

Athira Sethu Kochi, 12 May 2026 OpenAI has launched a new business unit 'OpenAI Deployment Company' in its bid to...

Read moreDetails
SwishX launches Agentic AI platform for pharma, targets $5 million ARR in FY27
Artificial Intelligence

SwishX launches Agentic AI platform for pharma, targets $5 million ARR in FY27

0

DBT Bureau Pune, 12 May 2026 SwishX today announced its launch, introducing the World’s first Agentic AI platform built exclusively...

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.