News with the tag "Gate"

Elon Musk was inside the White House complex when his phone started buzzing. Sam Altman was about to take the stage with Donald Trump. Confused, Musk turned on the TV. What he saw sent him into a rage. Altman stood beside Trump, smiling, as they announced a $500 billion AI initiative called Stargate...

A report shared with crypto.news shows that one of the largest crypto exchanges received around $80 million in Tether’s stablecoin from Hamas-linked exchange. Four major cryptocurrency exchanges, including Binance and Gate.io , collectively received $78 million in Tether ( USDT ) through “indirect t...

SoftBank is actively pursuing a $500 billion investment for its Stargate project, the initiative it introduced as a collaboration between SoftBank and OpenAI to support the development of AI infrastructure in the US. However, the $5.58 million DeepSeek-V3 AI model released by a Chinese group has rai...

SoftBank is seeking project financing to support its $500 billion Stargate Project with OpenAI through a collaborative effort. According to a Bloomberg report , SoftBank and its partners—OpenAI, Oracle Corp., and Abu Dhabi’s MGX—may opt for a financing strategy that would enable them to spend only 1...

The crypto market is back up again after a recent decline like clockwork, and prices are starting to push up once more. Interestingly, this renewed momentum has seen Dogecoin open interest flipping from a negative threshold into a positive one. As the meme coin’s price gains traction, traders are on...

New reports reveal that an on-chain investigator has raised allegations connecting Vitalik Buterin , the founder of Ethereum, to the $500 million Gatecoin hack in 2016. According to the crypto sleuth, Buterin’s Ethereum Foundation was allegedly transferring funds to the Gatecoin hackers’ primary wal...

A momentous occasion occurred on January 22, when ex-President Donald Trump took to the podium to introduce the “Stargate” AI project. This enormous, half-trillion-dollar project, set up to ensure that the U.S. remains on top of the artificial intelligence food chain, is a partnership of OpenAI, Sof...

Donald Trump revealed he plans to establish power plants for artificial intelligence through an emergency declaration. The President also mentioned plans to increase electricity demand for technologies like artificial intelligence. He said inadequate energy supplies posed an imminent and growing thr...

Mike Novogratz, the CEO of Galaxy Digital, has recently said that artificial intelligence is ‘the new arms race’ following the recent launch of The Stargate Project. The project, led by OpenAI and supported by leading companies like SoftBank, Oracle, and the UAE’s MGX, has attracted $100bn investmen...

Shortly after OpenAI unveiled its $500 billion Stargate initiative, Elon Musk took to his social media platform to express his doubts about the project. In a short quip posted in response to the OpenAI announcement, Elon Musk said, “They don’t actually have the money.” After laying down arms for the...