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

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

India ensures fuel supply stability amid crude volatility

India ensures fuel supply stability amid crude volatility

Trent set to consider first ever bonus issue

Trent set to consider first ever bonus issue

ICICI Bank introduces ‘SmartLock’, a unique safety feature on iMobile Pay

ICICI Bank earnings boost analyst confidence

Sterling and Wilson stock gains after ₹3,490 Cr Coal India Solar EPC win

Sterling and Wilson stock gains after ₹3,490 Cr Coal India Solar EPC win

Base metals mixed; Copper up, aluminium down

Base metals mixed; Copper up, aluminium down

HCLTech Partners with Boardwalktech to Improve EUC Risk Management for Financial Institutions

Stocks to watch out for today

HDFC Bank opens first branch in Singapore, expanding International presence with wholesale banking license

HDFC Bank posts 9% rise in net profit; know the subsidiaries’ performance here

Advantages & limitations of rolling return in Mutual Fund

Advantages & limitations of rolling return in Mutual Fund

Yes Bank reports strong Q4FY26 performance with ₹1,068 crore profit; Stock in focus

Yes Bank reports strong Q4FY26 performance with ₹1,068 crore profit; Stock in focus

India sugar output jumps 8% to 27.39 MT

India sugar output jumps 8% to 27.39 MT

Mutual Fund growth slows to multi year low in 2025

Importance & application of rolling returns in mutual fund

U.S. Army orders $324 million Boeing Chinook Helicopters

U.S. Army orders $324 million Boeing Chinook Helicopters

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Monday, April 20, 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....

India ensures fuel supply stability amid crude volatility
Commodity

India ensures fuel supply stability amid crude volatility

0

DBT Bureau Pune, 20 April 2026 The Government of India has outlined measures to maintain stable fuel supplies and protect...

Read moreDetails
Trent set to consider first ever bonus issue
Data Story

Trent set to consider first ever bonus issue

0

Athira Sethu Kochi, 20 April 2026 Trent is preparing for a pivotal board meeting on April 22 where it will...

Read moreDetails
ICICI Bank introduces ‘SmartLock’, a unique safety feature on iMobile Pay
Market

ICICI Bank earnings boost analyst confidence

0

Athira Sethu Kochi, 20 April 2026 Most analysts tracking ICICI Bank remain strongly optimistic following its better-than-expected fourth-quarter results, which...

Read moreDetails
Sterling and Wilson stock gains after ₹3,490 Cr Coal India Solar EPC win
Market

Sterling and Wilson stock gains after ₹3,490 Cr Coal India Solar EPC win

0

DBT Bureau Pune, 20 April 2026 Sterling and Wilson Renewable Energy Limited said in an exchange filing that it has...

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.