Elon Musk doesn’t miss an opportunity to take a dig at OpenAI — even when the news item in question is supposed to be favorable to President Trump. Just a few hours after yesterday’s White House presser on The Stargate Project wrapped up, Musk posted on X that “they don’t actually have the money.”
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Elon Musk has cast doubt on whether there is enough funding to follow through on a massive $500 billion artificial intelligence infrastructure project announced by President Donald Trump on Tuesday.
Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.
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OpenAI, led by Sam Altman, has announced a $500 billion AI infrastructure project called 'Stargate' in collaboration with SoftBank, Oracle, and MGX. I
WASHINGTON — Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI's board and is now testing Musk's influence with the new president.
OpenAI CEO Sam Altman speaks at the White House as a major investment deal between Oracle, SoftBank, and OpenAi is announced on January 21, 2025.Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL),
Musk has emerged as one of Trump’s closest allies in recent months and is set to lead the new Department of Government Efficiency to cut down on government spending. He rarely has spoken out against any of Trump’s initiatives since endorsing him over the summer.
Elon Musk threw a wrench into the gears of Trump's technological infrastructure plans, insisting that billionaire investors in Stargate don't have the money. The post Elon Musk Blows Hole In Trump’s Big AI Infrastructure Announcement: ‘They Don’t Actually Have the Money’ first appeared on Mediaite.
Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The initiative involves major tech companies like Oracle, MGX, Arm,