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

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

Oversold gold–silver ratio hints at fresh silver breakout cycle: Kedia Advisory

Oversold gold–silver ratio hints at fresh silver breakout cycle: Kedia Advisory

Airtel launches AI-powered spam detection tool

Airtel to build Rs 20,000 crore war chest for NBFC arm

Omnitech Engineering IPO to open on February 25; Price band fixed at ₹216–₹227

Omnitech Engineering IPO to open on February 25; Price band fixed at ₹216–₹227

LTM wins 7-year, $100 million Europe MedTech deal; Stock in focus

LTM wins 7-year, $100 million Europe MedTech deal; Stock in focus

Defence stock AXISCADES secures ₹100 Cr DRDO Radar order via Mistral Solutions

Axiscades’ arm wins Rs 25 crore HAL order for LCA Mk1A programme

Why UPL share down on Monday trade?

Why UPL share down on Monday trade?

IPO Alert: Know all about CleanMax IPO

IPO Alert: Know all about CleanMax IPO

Indian IT stocks fall due to US H-1B visa fee hike

Factors that may drive market this week

Copper inventories cross 20-year high; Hindustan Copper, Hindalco, Vedanta stock in focus

Copper inventories cross 20-year high; Hindustan Copper, Hindalco, Vedanta stock in focus

APSEZ, NMDC and Vale Brazil sign strategic MoU on iron ore exports

APSEZ, NMDC and Vale Brazil sign strategic MoU on iron ore exports

Coal, cargo & records: Paradip Port drives Odisha’s growth story

Coal, cargo & records: Paradip Port drives Odisha’s growth story

IDFC FIRST Bank Q3 FY26 PAT at ₹ 503 crores, PAT up 48% YoY

IDFC First Bank discloses Rs 590 crore fraud at Chandigarh branch

Monday, February 23, 2026
  • Login
Data Biz Times
  • Commodity
  • Data Story
  • Market
  • Business
  • News
  • Contact Us
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....

Oversold gold–silver ratio hints at fresh silver breakout cycle: Kedia Advisory
Commodity

Oversold gold–silver ratio hints at fresh silver breakout cycle: Kedia Advisory

0

DBT Bureau Pune, 23 Feb 2026 The Gold–Silver Ratio (GSR) has historically traded within a broad band of 45–85 over...

Read moreDetails
Airtel launches AI-powered spam detection tool
Market

Airtel to build Rs 20,000 crore war chest for NBFC arm

0

Debasis Mohapatra Bengaluru, 23 Feb 2026 Bharti Airtel, one of India’s leading telecommunications service providers, on Monday announced that the...

Read moreDetails
Omnitech Engineering IPO to open on February 25; Price band fixed at ₹216–₹227
Market

Omnitech Engineering IPO to open on February 25; Price band fixed at ₹216–₹227

0

· Price Band fixed at ₹ 216 per equity share of face value ₹5 each to ₹ 227 per equity...

Read moreDetails
LTM wins 7-year, $100 million Europe MedTech deal; Stock in focus
Market

LTM wins 7-year, $100 million Europe MedTech deal; Stock in focus

0

DBT Bureau Pune, 23 Feb 2026 LTM said in an exchange filing, verified by the Data Biz Times team, that...

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
  • Artificial Intelligence
  • Business
  • Data Story
  • Market
  • Media Release
  • News
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?