· 4d · on MSN
Sam Altman-Elon Musk Feud Timeline: AI Billionaires Bark Over Trump-Endorsed Stargate AI Project
Tech Billionaires Announce ‘Project Stargate’ With Trump, But Where’s Elon?
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.
Trump-Back Stargate AI Project Spawns Altman-Musk Clash
The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.
While tech bigwigs like Mark Zuckerberg, Jeff Bezos and Elon Musk all plan to be at Donald Trump's inauguration on Monday, the CEO of one of the biggest companies says he will not be there. Nvidia's Jensen Huang, worth an estimated $100 billion, said he will not be in Washington for the event.
A week after the inauguration, the Chinese AI startup DeepSeek wiped billions from the fortunes of some of America's wealthiest tech billionaires.
12hon MSN
Jan. 27, 6:30 p.m. EST President Donald Trump said at a House Republican retreat that the launch of the AI model was “a positive development” but should be considered a “wake-up” call for U.S. industries, lauding the move for what he hoped would usher in a future of “coming up with a faster method of AI, and much less expensive method.”
Tesla ( TSLA) CEO Elon Musk seemed to agree with CEO of Scale AI Alexandr Wang suggesting that China's DeepSeek has about 50,000 H100 Nvidia's ( NASDAQ: NVDA) chips, which they can't talk about due to U.S. export controls.
Some of the most exclusive seats at President Donald Trump’s inauguration were reserved for powerful tech CEOs who also are among the world’s richest men.
Vice President JD Vance, backed by Peter Thiel, criticized big tech's influence, stating these companies wield "too much power," despite prominent tech CEOs attending Donald Trump's inauguration.
The top billionaires of Silicon Valley have gone from supporting Democrats to being all in on Trump. What happened?
Nvidia's CEO lost $20 billion in net worth in one day. If new Chinese AI software is as good as claimed, his net worth will drop further.
If anything, potentially less demand for Nvidia's AI training chips could actually benefit the EV manufacturer.
Owing to US tech stocks crash, billionaires like Nvidias Jensen Huang and Oracles Larry Ellison lost more than $20 billion wealth in a single-day. Popularity of DeepSeek resulted in a frenzy selling in US tech stocks,
US leads the Forbes' 2025 World’s Billionaires List with a record 813 billionaires followed by China with 473.
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