Elon Musk Questions Viability of Trump’s $500 Billion Stargate AI Project

The ambitious initiative, aiming to establish the U.S. as a global AI leader, faces criticism over funding and transparency.

President Donald Trump announced the Stargate project, a $500 billion AI infrastructure initiative involving OpenAI, Softbank, and Oracle, with an initial $100 billion investment in Texas-based data centers.
Elon Musk, a prominent Trump ally and advisor, publicly criticized the project’s financial foundation, claiming Softbank has secured significantly less funding than stated.
The White House defended the initiative, emphasizing its potential to create 100,000 jobs and reinforce the U.S.'s technological dominance amid global competition, particularly with China.
Musk’s critique highlights his ongoing rivalry with OpenAI CEO Sam Altman, with whom he has legal and ideological disputes over AI’s direction and commercialization.
The project follows Trump’s repeal of Biden-era AI regulations, raising concerns about the lack of oversight for potentially risky technologies.