Elon Musk, the close Trump adviser who has his own AI company and was notably not at the press conference, erupted Wednesday with a relentless stream of online mockery. “They don’t actually have the money,

On Tuesday, Japanese tech investor SoftBank Group joined U.S. peers OpenAI and Oracle to unfurl the massive spending initiative, dubbed the "Stargate" project. The plan is to initially commit $100 billion then increase spending to $500 billion over the next four years.

Tesla Inc. CEO Elon Musk cast doubt Wednesday on the ambitious $500 billion Project Stargate, hours after its announcement, claiming lead investor SoftBank Group SFTBY -0.36% + Free Alerts SFTBF + Free Alerts has “well under $10B secured.”

Elon Musk raises concerns about the Trump-backed $500 billion Stargate AI Project, questioning SoftBank's ability to fund the initiative.

Elon Musk has poured cold water over a multi-billionaire dollar AI project announced by Donald Trump on Monday.

Elon Musk has expressed doubts about the financial feasibility of the $500 billion Stargate AI Project announced by President Donald Trump. The project, led by OpenAI and SoftBank, aims to build AI infrastructure across the US,

The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however,

On Tuesday, President Donald Trump announced Stargate—a public-private joint AI venture between the federal government, OpenAI, SoftBank, and Oracle, which the forty-seventh president claimed could invest as much as $500 billion into the bubbling tech sector over the next four years.

But within hours of the announcement, SpaceX CEO Elon Musk had already started taking shots at Trump's highly touted project. Newsweek reached out to SpaceX and a White House spok

Shares of technology companies rallied amid hopes for an acceleration of the artificial-intelligence boom.

Shortly after OpenAI unveiled its $500 billion Stargate initiative, Elon Musk took to his social media platform to express his doubts about the project. In a