AI Project Stargate Struggles to Get Off the Ground

AI Project Stargate struggles to get off the ground

Six months after its splashy debut at a White House press event, the $500 billion Stargate project is said to be going nowhere and is now being forced to scale back its lofty ambitions. A $500 billion project was unveiled at the White House with much fanfare this past January to kickstart artificial intelligence Projects in the US to make the country more competitive with foreign initiatives. According to the report, the newly formed company cha…

Elon Musk casts doubt on AI company Stargate

Following reports of a significant breakdown in the $500 billion Stargate AI initiative, shares of major AI chipmakers, including Nvidia (NASDAQ: NVDA), AMD (NASDAQ: AMD), Broadcom (NASDAQ: AVGO), Taiwan Semiconductor (NYSE: TSM), Arm Holdings (NASDAQ: ARM), Marvell Technology (NASDAQ: MRVL), and Qualcomm (NASDAQ: QCOM), dropped on Tuesday. Elon Musk casts doubt on AI company Stargate The project has stalled and lost much of its original scope d…

AI News: Sam Altman’s Predictions, Talent Wars Continue, Project Stargate, Thinking Machines

AI News: Sam Altman’s Predictions, Talent Wars Continue, Project Stargate, Thinking Machines Don’t hire an AI for vibes—get the agent that knows you and your codebase best. Credit to : AI NEWS The post AI News: Sam Altman’s Predictions, Talent Wars Continue, Project Stargate, Thinking Machines first appeared on Technology in Business.