President Trump's ambitious $500 billion AI infrastructure project, Stargate, has been met with skepticism regarding its financial viability. Initially backed by major companies like SoftBank and Oracle, the project has reportedly not secured necessary commitments or structuring, raising concerns about its success from the outset. Sources indicate that internal doubts about funding are rampant, and critics, including Elon Musk, have voiced their skepticism, suggesting that SoftBank lacks the capital to support such an extensive initiative. With a history of poor investments, the project remains in jeopardy as questions loom over its overall feasibility.
Stargate may fail due to financial woes, leaving its ambitious $500 billion AI initiative struggling to gain traction before it even starts.
Critics question whether Trump jumped the gun with a big announcement without solid financial backing, leading to doubts about the project's feasibility.
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