January 22, 2025
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Musk slams Trump-backed AI mega undertaking
Tech titan Elon Musk forged doubt Wednesday on a $500 billion AI undertaking introduced by US President Donald Trump, saying the cash promised for the funding truly wasn't there.
The feedback marked a uncommon occasion of a cut up between the world's richest man and Trump, with Musk taking part in a key position within the newly put in administration after spending $270 million on the election marketing campaign.
In his first full day within the White Home, Trump on Tuesday introduced a serious funding to construct infrastructure for synthetic intelligence led by Japanese large SoftBank and ChatGPT-maker OpenAI.
Trump mentioned the enterprise, referred to as Stargate, "will make investments $500 billion, at the very least, in AI infrastructure in the USA."
However in a publish on his social media platform X, Musk mentioned the principle traders "don't even have the cash."
"SoftBank has properly beneath $10B secured. I’ve that on good authority," Musk added in a subsequent publish.
'Incorrect'
Musk's sideswipe could possibly be notably focused at OpenAI, the world's main AI startup that Musk helped discovered, earlier than leaving in 2018.
The Tesla boss and OpenAI chief government Sam Altman, who was current on the White Home on Tuesday, have been mired in a severe feud, with Musk opening repeated lawsuits towards the corporate behind ChatGPT.
"Incorrect, as you certainly know. Need to come go to the primary website already beneath means?" Altman replied to Musk on X.
"That is nice for the nation. I notice what’s nice for the nation isn't at all times what's optimum to your corporations, however in your new position I hope you'll principally put (nation) first," he added.
OpenAI is without doubt one of the world's highest valued startups, however loses cash on the excessive prices of turning out its costly know-how.
In keeping with the Wall Road Journal, cloud large Oracle, which can also be concerned, has about $11 billion in money and securities. SoftBank has roughly $30 billion of money available.
The Stargate undertaking is dedicated to speculate an preliminary $100 billion within the undertaking, and as much as $500 billion over the following 4 years.
Abu Dhabi's AI-focused state fund MGX and Oracle are additionally offering funding for the undertaking, whereas SoftBank-owned Arm, Microsoft and Nvidia will likely be know-how companions.
In keeping with the businesses, the undertaking is initially constructing an information middle operation in Texas, the place development is already underway.
Forward of taking workplace, Trump this month unveiled a $20 billion Emirati funding in US knowledge facilities in addition to a earlier funding pledge from SoftBank.
© 2025 AFP
Quotation: Musk slams Trump-backed AI mega undertaking (2025, January 22) retrieved 22 January 2025 from https://techxplore.com/information/2025-01-musk-slams-trump-ai-mega.html This doc is topic to copyright. Other than any honest dealing for the aim of personal examine or analysis, no half could also be reproduced with out the written permission. The content material is supplied for data functions solely.
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