Musk Casts Doubt on $500B Stargate AI Project

Elon Musk has raised concerns about the financial viability of the $500 billion AI infrastructure project, Stargate, announced by President Donald Trump, suggesting that key backer SoftBank has less than $10 billion secured. Despite the ambitious plans for building data centers in Texas and creating up to 100,000 jobs, Musk's comments cast doubt on the project's ability to fulfill its promises. The initiative involves tech giants OpenAI, Oracle, and SoftBank, with additional partnerships from Microsoft, NVIDIA, and Arm. Musk's skepticism stems from his ongoing legal disputes with OpenAI and reflects a broader tension within the White House about the project's feasibility. While the project's leaders, including Masayoshi Son and Larry Ellison, express confidence in their ability to raise the necessary funds, Musk's remarks highlight potential challenges in securing the massive investment needed. The project is positioned as a significant step in maintaining U.S. leadership in AI amid increasing global competition.