Masayoshi Son

Musk undercuts Trump’s Stargate AI investment announcement

David Bale2 months ago05 mins

The logo of OpenAI is shown on a mobile phone in front of a computer screen displaying the photographs of Sam Altman, left, and Elon Musk, March 14, 2024. Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill…

Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank

David Bale2 months ago03 mins

U.S. President Donald Trump delivers remarks on AI infrastructure, next to Oracle co-founder Larry Ellison, SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman at the Roosevelt room at White House in Washington, U.S., January 21, 2025. REUTERS/Carlos Barria Carlos Barria | Reuters President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and…

5 things to know before the stock market opens Monday

David Bale3 months ago04 mins

Here are the most important news items that investors need to start their trading day: 1. Dull December Stocks enter the final full trading week of 2024 coming off a tough stretch. The Dow Jones Industrial Average has lost ground for seven straight sessions, and fell 1.8% last week. The S&P 500 also slid 0.6%…