Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.
Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that could suggest friction at the heart of the new administration's focus on America's leadership in the global technology race.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”
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
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI) endeavour President Donald Trump unveiled this week, the Information reported.
Altman took to X to dispute Musk's characterisation on Wednesday, calling it wrong and suggesting Musk was upset because the pact could rival the billionaire's own AI efforts
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.
Elon Musk, CEO of Tesla and SpaceX, has expressed doubts about the financial viability of the USD 500 billion Stargate AI Project, a collaboration between OpenAI and SoftBank Group. Musk questioned SoftBank's ability to fund the massive initiative,
The dismissal by Musk, who is one of Trump’s closest advisers and will head up an agency created to slash the nation’s budget, is one of his first public breaks with the administration. It’s also an unusual move for any senior policy official to question an initiative trumpeted by the president.