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Donald Trump just announced a huge AI plan with Sam Altman. Elon Musk quickly threw cold water on it.
Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the venture has much less cash.
AP Photo/Matt Rourke
- President Trump announced Stargate, a $500 billion AI infrastructure venture, on Tuesday.
- Yet Elon Musk, now a key advisor to Trump, suggested the effort has raised far less than that.
- Trump called Stargate "the largest AI infrastructure project in history."
Stargate, a privately funded effort that Donald Trump announced on the second day of his presidency, is supposed to raise up to $500 billion to build AI infrastructure in the US.
But the joint plan between OpenAI, Oracle, and SoftBank may have only raised a fraction of that so far, according to Elon Musk, now one of Trump's closest advisors.
Musk responded to a post on X from OpenAI on Wednesday. OpenAI's post said that the venture "will begin deploying $100 billion immediately."
However, Musk's response to the post said that SoftBank has "well under $10B secured" for Stargate.
In response, OpenAI CEO Sam Altman, who appeared alongside Trump at the White House on Tuesday to unveil the effort, told Musk that his claim was wrong and invited him to come see a site where the funding is already being put to work.
Musk and Altman have a tense relationship and are locked in a legal battle. Musk founded xAI, which competes with OpenAI.
wrong, as you surely know.
want to come visit the first site already under way?
this is great for the country. i realize what is great for the country isn't always what's optimal for your companies, but in your new role i hope you'll mostly put
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