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

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

ElevenLabs extends Google cloud deal, leverages NVIDIA GPUs

ElevenLabs extends Google cloud deal, leverages NVIDIA GPUs

Reliance Industries and Bajaj Finance identified as top picks in Prabhudas Lilladher’s BEAT Report

Facebook arm picks up 30% stake in Reliance Enterprise Intelligence

RBI approves SBI Mutual Fund to acquire up to 9.99% stake in RBL Bank

RBI approves SBI Mutual Fund to acquire up to 9.99% stake in RBL Bank

Tejas Networks narrows losses in Q3FY26; bets big on wireless products

Tejas Networks bags contract to supply 5G MIMO Radios

Apple Inc. to open Apple Borivali on February 26, marks sixth store in India

Apple Inc. to open Apple Borivali on February 26, marks sixth store in India

YES BANK detects suspicious Forex Card transactions; 5,000 customers impacted

YES BANK detects suspicious Forex Card transactions; 5,000 customers impacted

Gold, oil rally while copper inventories hit 20-year high; Dollar strength pressures bullion

Gold, oil rally while copper inventories hit 20-year high; Dollar strength pressures bullion

XTGlobal wins $796,900 U.S. Public Sector AI engineering contract

XTGlobal wins $796,900 U.S. Public Sector AI engineering contract

Waaree Renewable to acquire majority stake in Associated Power for Rs 1,225 crore

US imposes high duties on solar panel imports: Indian solar firms trade in red 

Impact of Trump’s Tariffs on Indian Manufacturing and Stock Markets

Dow Jones recovers with tech stocks leading the way: Indian market takes cues

Hindustan Zinc moves closer to building India’s first zinc-based industrial hub

Hindustan Zinc moves closer to building India’s first zinc-based industrial hub

Geojit silver outlook 2026: Supply deficit to support prices

Geojit silver outlook 2026: Supply deficit to support prices

Thursday, February 26, 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....

ElevenLabs extends Google cloud deal, leverages NVIDIA GPUs
Media Release

ElevenLabs extends Google cloud deal, leverages NVIDIA GPUs

0

DBT Bureau Pune, 26 Feb 2026 ElevenLabs and Google Cloud announced a multi-year extension of their strategic collaboration to make...

Read moreDetails
Reliance Industries and Bajaj Finance identified as top picks in Prabhudas Lilladher’s BEAT Report
Market

Facebook arm picks up 30% stake in Reliance Enterprise Intelligence

0

Athira Sethu Bengaluru, 26 Feb 2026 Reliance Industries Limited has filed a notice with the stock exchanges that Reliance Enterprise...

Read moreDetails
RBI approves SBI Mutual Fund to acquire up to 9.99% stake in RBL Bank
Market

RBI approves SBI Mutual Fund to acquire up to 9.99% stake in RBL Bank

0

Athira Sethu Kochi, 26 Feb 2026 RBL Bank Ltd on Wednesday (February 25) said Reserve Bank of India (RBI) has...

Read moreDetails
Tejas Networks narrows losses in Q3FY26; bets big on wireless products
Market

Tejas Networks bags contract to supply 5G MIMO Radios

0

Debasis Mohapatra Bengaluru, 26 Feb 2026 Tejas Networks has announced a strategic partnership with NEC Corporation to manufacture and supply...

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?