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Tesla owner Elon Musk and OpenAI CEO Sam Altman have come face to face over US President Donald Trump’s proposed $500 billion Stargate Artificial Intelligence (AI) infrastructure project.
Elon Musk has raised questions about the capability of SoftBank. Sam Altman has defended Stargate, calling Musk’s assessment wrong. Sam Altman is a partner in this project, while Elon Musk is an important part of the Trump administration.
Trump announced the project on the second day of his presidency, standing with OpenAI CEO Sam Altman, Oracle founder Larry Ellison and SoftBank Chairman Masayoshi Son. Trump claimed it would be “the largest AI project ever in history”. The initial private investment of this project is 100 billion dollars.
Stargate project announced Stargate Project is a new company that will invest $ 500 billion in the next four years to create a new AI infrastructure for OpenAI in America. Currently the company will invest 100 billion dollars. This infrastructure will secure US leadership in AI, creating thousands of jobs.
This project will not only support America’s re-industrialization but will also enhance the strategic capability of America and its allies to protect the national security. Early equity funders in Stargate are SoftBank, OpenAI, Oracle and MGX. SoftBank and OpenAI are Stargate’s principal partners, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi Son will be the chairman in this.
Arm, Microsoft, NVIDIA, Oracle, and OpenAI are key early technology partners. Oracle, NVIDIA and OpenAI will collaborate to build and operate this computing system.
Musk said- actually he has no money On this announcement of Open AI, Tesla owner Elon Musk questioned the capability of SoftBank and said – in reality they do not have money. Softbank has less than $10 billion in safe investments and I know it for sure
In response, OpenAI CEO Sam Altman defended Stargate, calling Musk’s assessment “wrong”. Altman also stressed that work on the project has already begun. Altman said, “Do you want to come to the first site that is already running? This is very good for the country. I realize that what’s best for the country isn’t always best for your companies, but I look forward to putting America first in your new role.”
