Home Business Technology Musk kicks against Trump’s $500b ‘Stargate’ initiative, cites financial reason

Musk kicks against Trump’s $500b ‘Stargate’ initiative, cites financial reason

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Billionaire tech CEO turned government adviser for President Donald Trump, Elon Musk openly questioned a new artificial intelligence initiative hours after the president announced it.

Musk claimed on Tuesday that the new AI initiative, called Stargate, did not have the funding necessary to fulfil its goal of investing $500 billion in building AI infrastructure in the United States over the next four years.

“They don’t actually have the money”, Musk said in response to the announcement on X.

The quick rebuke from Musk was noteworthy given his presence in the Trump world. Musk has been a vocal backer of the president and made his presence known throughout Trump’s inauguration.

The initiative is a collaboration between OpenAI, an AI research company that Musk co-founded before a falling out with Sam Altman, SoftBank and Oracle.

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