Elon Musk, Sam Altman Clash Over Trump's Stargate AI Plan | The Opening Trade 01/23
January 23, 2025
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1:36:25Now PlayingElon Musk, Sam Altman Clash Over Trump's Stargate AI Plan | The Opening Trade 01/23
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as posted by the channelElon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their promises, exposing an early internal rift within the White House. Trump was joined by SoftBank's Masayoshi Son, OpenAI’s Sam Altman and Oracle's Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses. Altman took to X to dispute Musk’s characterization on Wednesday, calling it wrong and suggesting Musk was upset because the pact could rival the billionaire’s own AI efforts. The Opening Trade has everything you need to know as markets open across Europe.
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