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US President donald Trump announced on Tuesday an AI infrastructure project that will result in investments of “at least $500 billion” in the US. Now it is surprisingly criticized by Elon Musk – the financing is insufficient.
The mega investment program for artificial intelligence (AI) called “Stargate”, supported by Donald Trump, has led to the first difference between the new US president and his tech ally Elon Musk. Musk criticized on Wednesday that the project – in which he is not involved – was inadequately funded. the main investors “don’t have the money”.
Trump had the AI infrastructure project, which according to him should result in investments of “at least 500 billion dollars” (479.6 billion euros) in the USA, announced at the White House on Tuesday. The main sponsors of the project are the US AI pioneer OpenAI, the Japanese Softbank group and the US software and hardware manufacturer Oracle.
The following day, Musk noted on his online platform X that Softbank had only secured “well under ten billion” dollars for the project. He knows this “from a reliable source”. Softbank boss Masayoshi Son had announced that Stargate would start with investments totaling $100 billion, which the Japanese investor would provide “immediately”.
Musk’s criticism comes as a surprise
Table of Contents
Musk’s criticism of the project came as a surprise, as the head of Tesla and SpaceX has worked closely with Trump in recent months, supporting his election campaign with $270 million and cheerfully took part in the celebrations for Trump’s inauguration on Monday. Musk will work for the new government as a special advisor on reducing bureaucracy.
OpenAI boss Sam Altman called Musk’s comments on Stargate “wrong.” The project is “great for our country,” Altman wrote on “We will put the country first,” the OpenAI boss added pointedly, referring to Musk’s role in the new government.
Altman stood at Trump’s side in the Roosevelt Room of the White house on Tuesday when Stargate was announced – as did Softbank boss Son and Oracle boss Larry Ellison. Softbank declined to comment on the comments.
Musk and Altman have been arguing for a long time
But Musk has been at odds with Altman for a long time. Musk helped found OpenAI but left the company in 2018. He is now also taking legal action against Altman. In a lawsuit, he accused OpenAI of moving away from its original charitable goals and de facto becoming a for-profit company.
with its ChatGPT software, OpenAI has achieved a global leadership role in AI in recent years. Musk, meanwhile, founded his own AI company xAI in 2023.
“The American people should beleive President Trump and these corporate leaders,” Trump spokeswoman Karoline leavitt told Fox News. “These investments are coming to our great country, and with them come American jobs.”
Musk has gained considerable political influence through his alliance with Trump, which he formed just last year. During Trump’s inauguration celebrations, Musk behaved euphorically and repeatedly made gestures of celebration – including stretching out his right arm. A gesture that sparked a lot of criticism because some observers saw it as a Hitler salute.
Even before Trump took office, there had been speculation as to whether there could be a break between him and Musk – since Trump is known to have a hard time when someone else steals the show.
With Stargate the “golden age” is supposed to begin
In any case, Trump sees Stargate as evidence of the dawn of the “golden age” of the USA, which he promised in his inaugural speech. “This monumental undertaking is a stunning statement of confidence in America’s potential under a new president,” the republican said in announcing the program.
Stargate will build the infrastructure, including “colossal data centers,” to drive progress in the further development of AI applications, Trump announced. This would create more than 100,000 jobs. The further development of AI is accompanied by a huge demand for electricity because the technology requires highly powerful data centers.
Trump had previously revoked an executive order from his predecessor Joe Biden regulating AI. The USA, where the most vital AI developers work, no longer has any valid government guidelines for AI development.
AFP/jr
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Headline: Elon Musk Questions Trump’s AI Ambitions: Is $500 Billion Enough for Stargate?
Introduction: US President Donald Trump recently revealed an ambitious artificial intelligence (AI) infrastructure project, Stargate, aiming to attract investments of at least $500 billion.Though, tech mogul and Trump ally, Elon Musk, criticizes the project’s funding, stating that it’s insufficient. We discuss this surprising discrepancy between the two figures in our interview with AI specialist, Dr. Ava Thompson Greenwell, below.
The Stargate AI Project: Trump’s Vision
!SoftBank, and Oracle as primary sponsors. The project aims to bolster the US’s AI capabilities and create American jobs, as stated by Trump spokeswoman Karoline Leavitt.
!his Twitter platform to criticize the project’s funding. According to Musk, softbank has only secured “well under ten billion” dollars for Stargate, far less than the projected $100 billion initial investment.
Richard Liu, SoftBank’s Response
SoftBank declined to comment on Musk’s remarks. However, in a previous interview, SoftBank CEO Masayoshi Son expressed optimism about AI investments, stating that it “is the next big thing” and will create “a lot of accomplished companies.”
Musk vs. Altman: A Longtime Feud
Conclusion
The Stargate project marks Trump’s ambitious foray into AI infrastructure. However, Elon Musk’s criticism of its funding raises questions about the project’s feasibility. As the US and global AI race intensifies, the world watches to see how Stargate progresses under Trump’s management.