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Musk and Altman clash over Trump backed Stargate AI data center project

Elon Musk and OpenAI CEO Sam Altman are in a public dispute over the Trump-backed Stargate AI data center project, which aims to invest up to $500 billion. Musk questioned the project's funding, claiming SoftBank has less than $10 billion secured, while Altman defended the initiative as beneficial for the country. This clash is part of a broader rivalry stemming from Musk's earlier conflicts with OpenAI regarding its shift to a for-profit model.
AP News
SpaceXCoin USD Tesla, Inc. SoftBank Corp. Microsoft Corporation Oracle AI USD USA Michael McNamara Larry Ellison Elon Musk Satya Nadella Donald Trump Sam Altman Steve Bannon Show more
Politics & Governance, News Article
21:48 22.01.2025

Musk questions funding for Trump's ambitious Stargate AI infrastructure project

Elon Musk has expressed skepticism about the $500 billion Stargate project, backed by Donald Trump and involving Softbank, OpenAI, and Oracle, questioning the financial viability of the initiative. Musk claimed that SoftBank has less than $10 billion secured, while OpenAI's CEO Sam Altman countered that the project is well-funded and already underway. Microsoft has committed $80 billion to the venture, with other partners also poised to contribute significantly.
Fox Business
United States Dollar Microsoft Corporation SoftBank Corp. Oracle AI USD USA Larry Ellison Elon Musk Satya Nadella Donald Trump Sam Altman Show more
Business & Industry, News Article
21:12 22.01.2025

sam altman and elon musk clash over stargate ai infrastructure project

Elon Musk and Sam Altman engaged in a public dispute over the Stargate project, a joint venture involving OpenAI, SoftBank, and Oracle, aimed at investing up to $500 billion in AI infrastructure. Musk questioned the financial backing of SoftBank, while Altman defended the project's viability and emphasized its national importance. The exchange highlights ongoing tensions between the two, stemming from their shared history with OpenAI and Musk's departure in 2018.
Investor's Business Daily
Tesla, Inc. Microsoft Corporation NVIDIA Corporation Oracle AI USD Arm Holdings plc USA Sam Altman Elon Musk Show more
Business & Industry, News Article
19:45 22.01.2025

musk challenges openai and microsoft on stargate funding claims

OpenAI and Microsoft have countered Elon Musk's skepticism regarding the $500bn Stargate AI infrastructure project, which was recently endorsed by Donald Trump. Musk claimed the funding was insufficient, while OpenAI's CEO Sam Altman asserted that Musk's information was incorrect. The project, backed by SoftBank, Oracle, and others, aims to deploy $100bn immediately, with potential job creation and a focus on maintaining technological leadership in the US.
@FinancialTimes
United States Dollar Microsoft Corporation SoftBank Corp. NVIDIA Corporation Oracle AI USD USA ARE Larry Ellison Elon Musk Masayoshi Son Satya Nadella Donald Trump Sam Altman Show more
Politics & Governance, News Article
18:49 22.01.2025

Elon Musk and Sam Altman clash over OpenAI's Stargate funding project

Elon Musk and OpenAI CEO Sam Altman are engaged in a public dispute over the Stargate project, which aims to invest $500 billion in data centers for AI workloads across the U.S. Musk claims Stargate lacks the necessary funding, while Altman counters that the initiative is beneficial for the country. The rivalry is intensified by Musk's competing AI venture, xAI, and ongoing legal challenges between the two companies.
TechCrunch
United States Dollar Microsoft Corporation USA Satya Nadella Donald Trump Sam Altman Elon Musk Show more
Business & Industry, Social Media Post
18:26 22.01.2025

Musk questions funding for Trump's ambitious artificial intelligence Stargate project

Elon Musk publicly criticized the $500 billion Stargate Project, backed by President Trump and led by OpenAI, claiming they lack sufficient funding. Musk's skepticism could strain his relationship with Trump, who has tasked him with reducing federal spending. The project aims to create hundreds of thousands of jobs and involves major tech partners like Microsoft and NVIDIA.
Axios
United States Dollar SoftBank Corp. Microsoft Corporation NVIDIA Corporation Oracle AI USD USA Donald Trump Sam Altman Elon Musk Show more
Politics & Governance, News Article
18:00 22.01.2025

Musk criticizes Trump's AI infrastructure deal amid funding concerns and tensions

Elon Musk has publicly criticized Donald Trump's $500 billion AI infrastructure initiative, claiming the funding is not secure and mocking the project's financial backing. His skepticism may stem from past conflicts with OpenAI CEO Sam Altman, whom Musk co-founded the company with before leaving in 2019. Tensions between Musk and Trump have been evident, with Musk's recent comments suggesting a growing rift despite their previous alliance.
Futurism
SoftBank Corp. Oracle AI USD USA ARE Scott Bessent Boris Epshteyn Elon Musk Howard Lutnick Donald Trump Sam Altman Show more
Politics & Governance, News Article
17:25 22.01.2025

Musk questions funding for Trump's ambitious AI Stargate project

Elon Musk challenged the financial viability of President Trump's $500 billion Stargate AI project, claiming that tech giants OpenAI, Oracle, and Softbank lack sufficient funds. Musk specifically stated that Softbank has "well under $10B secured," prompting a rebuttal from OpenAI CEO Sam Altman, who called Musk's assertion "wrong." The project, announced at the White House, aims to create over 100,000 American jobs, with significant infrastructure already underway in Texas.
CNBC
United States Dollar SoftBank Corp. Oracle AI USD USA Larry Ellison Elon Musk Masayoshi Son Donald Trump Sam Altman Show more
Politics & Governance, News Article
17:13 22.01.2025

Elon Musk questions funding for Trump's ambitious AI project Stargate

Elon Musk criticized President Trump's $500 billion AI project, Stargate, claiming its backers lack sufficient funds. Musk stated that SoftBank has secured less than $10 billion, despite the project's ambitious plans for investment from major companies like OpenAI and Oracle. This criticism comes amid Musk's ongoing legal disputes with OpenAI and his close ties to the Trump administration.
CNN
United States Dollar SoftBank Corp. Oracle AI USD USA Larry Ellison Ross William Ulbricht Elon Musk Masayoshi Son Donald Trump Sam Altman Show more
Politics & Governance, News Article
17:00 22.01.2025

Musk questions funding behind Altman's ambitious Stargate AI project at White House

Elon Musk criticized Sam Altman's $500 billion "Stargate" AI project, claiming that the funding is not secured, particularly pointing out SoftBank's financial limitations. The initiative, which aims to build advanced data centers in Texas, was praised by President Trump for its potential to create jobs and cure diseases rapidly. This public spat between Musk and Altman continues amid ongoing debates about AI regulation and Musk's legal battles against OpenAI's shift to a for-profit model.
New York Post
United States Dollar SoftBank Corp. Oracle AI USD Walmart Inc. USA Reid Hoffman Larry Ellison Dan Ives Elon Musk Masayoshi Son Donald Trump Sam Altman Show more
Business & Industry, News Article
16:38 22.01.2025
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