‘They don’t have the money’: Elon Musk reacts to ChatGPT maker’s $500 billion infrastructure project announcement

ChatGPT maker OpenAI, led by Sam Altman, has announced “Stargate,” a $500 billion project aimed at building new AI infrastructure in the US over the next four years. This initiative, backed by SoftBank, Oracle, and MGX, plans to immediately deploy $100 billion. OpenAI claims Stargate will solidify American AI leadership, generate jobs and economic benefits, and bolster national security.

SoftBank and OpenAI are leading the project, with SoftBank handling finances and OpenAI overseeing operations under Chairman Masayoshi Son. Key technology partners include Arm, Microsoft, NVIDIA, Oracle, and OpenAI itself.