Source: CNBC
“Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. artificial intelligence infrastructure. The Tesla and SpaceX CEO made the comment just hours after President Donald Trump unveiled the massive project at the White House on his first full day in office. ‘They don’t actually have the money,’ Musk wrote in response to an OpenAI post on his social platform X about the new venture, dubbed the Stargate project. … OpenAI and Oracle did not immediately respond to CNBC’s requests for comment on Musk’s claim. Softbank declined to comment. … Musk’s comments undermined Trump’s announcement Tuesday afternoon that Stargate ‘will invest $500 billion at least’ and create ‘over 100,000 American jobs almost immediately.'” (01/22/25)
https://www.cnbc.com/2025/01/22/musk-trump-ai-stargate-openai-softbank.html