President Donald Trump on Tuesday announced Stargate, a new entity that plans to invest $500 billion in artificial intelligence infrastructure with the goal of making advancements in industries like health care and positioning the U.S. as the leader in AI.

Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.

Anthropic's latest funding round will place it among the most valuable unlisted companies in the US. It's a group that includes SpaceX and OpenAI.

Elon Musk, a close Donald Trump advisor questioned the value of the investment. Sam Altman responded, saying Elon Musk was “wrong, as you surely know”.

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

Trump on Tuesday talked up a joint venture investing up to USD 500 billion through a new partnership formed by OpenAI, the maker of ChatGPT, alongside Oracle and SoftBank

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump.

Open AI CEO Sam Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son appeared alongside President Donald Trump to announce the Stargate plan.

Elon Musk on the new Project Stargate system with $500 billion of funding, says 'they don't actually have the money' to build the AI system.

As Sam Altman-run OpenAI announced the Stargate Project which intends to invest $500 billion over the next four years building new AI infrastructure in the US — with SoftBank, Oracle and MGX — Tesla and SpaceX CEO Elon Musk on Wednesday said “they don’t actually have the money”.