The $500B Stargate Initiative, led by Trump, OpenAI, SoftBank, and Oracle, is set to revolutionize U.S. AI infrastructure.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.
Sam Altman's comments came amid a flurry of online exchanges between himself, Musk, and Microsoft over the $500 billion Stargate Project announced by Trump.
Sam Altman, CEO of OpenAI, sparred Wednesday with Elon Musk over funding for a Trump-backed AI infrastructure project one day after he stood with the president in the White House to announce the project.
OpenAI CEO Sam Altman called Stargate, “the most important project for this era” and promised that all of the new investment his company was making would help cure diseases. Altman was actually prompted by Trump to talk about the medical advances that AI would supposedly figure out.
The new president needs the tech industry more than it needs him.
Tech billionaire Elon Musk voiced doubts about President Trump’s newly announced infrastructure plan for artificial intelligence, claiming the technology companies behind the effort do not
Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises,
Musk's stance on the issue also contradicts Trump's announcement, who on Tuesday at a White House news conference along with Oracle Chief Technology Officer Larry Ellison, Softbank CEO Masayoshi Son and Open AI CEO Sam Altman,
OpenAI and SoftBank have both committed $19 billion each to the Stargate venture worth $500 billion to build AI data centres in the U.S.
Donald Trump has a grand vision for the future of America – and artificial intelligence (AI) will be central to it. The controversial president and businessman unveiled Project Stargate at the White House this week – a $500bn plan to build out AI infrastructure in the United States.