HomeTechnology'He is a swindler...' says Elon Musk as he clashes with Sam Altman over Trump-backed $500 billion AI project

'He is a swindler...' says Elon Musk as he clashes with Sam Altman over Trump-backed $500 billion AI project

Musk and Altman already locked in a legal battle and head competing AI firms. The latest sparring match started over the $500 billion Stargate AI project

January 23, 2025 / 10:01 IST
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Sam Altman, Elon Musk
Sam Altman, Elon Musk

Elon Musk and Sam Altman are at odds once again, this time over the funding status of Stargate, a $500 billion AI infrastructure initiative announced by US president Donald Trump.

The project, unveiled on the second day of Trump’s presidency, represents an ambitious collaboration between OpenAI, Oracle, and SoftBank, with promises of making the US a hub for AI innovation and infrastructure.

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The latest disagreement began when Musk responded to a post on X (formerly Twitter) by OpenAI, which stated that the project would deploy $100 billion immediately. Musk, now a close advisor to Trump and founder of rival AI company xAI, countered the claim, alleging that SoftBank has “well under $10B secured” for Stargate.

Altman, OpenAI’s CEO and a key figure in the Stargate announcement, dismissed Musk’s remarks as inaccurate. “Wrong, as you surely know. Want to come visit the first site already under way?”