Musk undercuts Trump's Stargate AI investment announcement

Elon Musk disputed the ability of tech giants OpenAI, Oracle, and Softbank to fulfill their $500 billion investment pledge in U.S. artificial intelligence infrastructure, stating they lack the necessary funds. This comes after President Trump announced the Stargate project, aiming to create over 100,000 American jobs. OpenAI CEO Sam Altman refuted Musk’s claim about Softbank’s liquidity, suggesting Musk prioritize the country’s interests in his new role. Despite Musk’s comments, the project is moving forward with construction of data centers in Texas.

Full Article