Musk responds to OpenAI's $100 billion investment in Stargate: They don't have the money
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Odaily Odaily reported that OpenAI published an announcement about The Stargate Project (Stargate Project) on X. As a newly established company, it plans to invest $500 billion in the next four years to build new artificial intelligence infrastructure for OpenAI in the United States. OpenAI will immediately begin deploying $100 billion. The initial equity investors of Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the main partners of Stargate, with SoftBank responsible for finance and OpenAI responsible for operations. Masayoshi Son will serve as the chairman. In response, Elon Musk said: "They don't actually have the money."
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