“They don’t actually have the money” – Elon Musk slams Project Stargate, calls Sam Altman a “swindler”

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David Wilson
Fri, 24 Jan
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In a clash of tech titans, Elon Musk criticizes Project Stargate initiative, questioning the backers’ financial credibility. The $500 billion project, announced by the Trump administration to boost AI, is set to invest in data centers for Altman’s OpenAI. Musk challenges the funding sources of Stargate’s partners, alleging they lack the necessary capital. Sam Altman hits back, defending the project’s potential for the country’s benefit. Microsoft CEO Satya Nadella also responds indirectly to Musk’s claims, emphasizing his commitment to the initiative. The global AI market witnesses a heated exchange of criticisms and defenses among industry leaders.

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