Tech titans bicker over $500bn AI investment announced by Trump
Briefly

Tech leaders faced off in a rivalry sparked by Trump's announcement of the $500 billion 'Stargate' AI project. The project, backed by OpenAI, Oracle, and Softbank, aims to develop infrastructure for AI. Despite being a close Trump ally, Elon Musk publicly derided the initiative, claiming it lacks real funding and labeling it a 'financial farce.' His comments reflect a notable break from typical support for Trump, emphasizing tension among major tech moguls in the burgeoning AI sector as they vie for investment dominance.
Musk's tweets denouncing the Stargate project as 'hot air' highlight a significant rift between him and the Trump administration despite his close ties.
Musk argues that the financial commitments made by companies involved in Stargate are exaggerated, suggesting many of them lack secured funding.
Read at www.theguardian.com
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