Says Stargate AI plan lacks funding [Video]

Elon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. artificial intelligence infrastructure.

The Tesla and SpaceX CEO made the comment just hours after President Donald Trump unveiled the massive project at the White House on his first full day in office.

“They don’t actually have the money,” Musk wrote in response to an OpenAI post on his social platform X about the new venture, dubbed the Stargate project.

“SoftBank has well under $10B secured. I have that on good authority,” Musk added in a subsequent post.

Trump’s biggest financial backer by far in the 2024 election, Musk currently chairs a major White House government efficiency effort.

On Wednesday morning, OpenAI CEO Sam Altman replied directly to Musk.

“I …