Following his inauguration, President Donald Trump unveiled what he calls “the largest AI infrastructure project in history.” Dubbed Stargate, the $500 billion joint venture between OpenAI, Oracle (ORCL),

Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.

Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.

Tesla (TSLA) and SpaceX CEO Elon Musk said OpenAI, Oracle (ORCL) and Softbank (SFTBY) “don’t actually have the money” to back up their pledge

Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, this week, putting an end to years of head-butting between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.

The world’s richest man set out on a quest to boost the European powerhouse’s far-right opposition.

Elon Musk and OpenAI CEO Sam Altman are fighting on X about Stargate, the infrastructure project to build data centers for OpenAI in the U.S.

U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.

President Donald Trump said he is in favor of Elon Musk or Larry Ellison buying TikTok as he offered his latest thinking on what a deal might look like to save the US operations of the social media platform.

"In my opinion, TikTok should not be banned in the USA, even though such a ban may benefit the X platform,” Elon Musk wrote on X in April. "Doing so would be contrary to freedom of speech and expression. It is not what America stands for." To note, a TikTok spokesperson told the BBC that the Bloomberg report was "pure fiction."

The blossoming relationship between President Donald Trump and tech titan Elon Musk was on full display throughout Monday's inauguration ceremonies.