CNN —
Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.
“They don’t actually have the money,” Musk wrote on his social media platform X. “SoftBank has well under $10B secured. I have that on good authority.”
Trump said the investment will create a new company, called Stargate, to grow artificial intelligence infrastructure in the United States. The leaders of SoftBank, OpenAI and Oracle stood alongside Trump during the announcement. Their respective companies will invest $100 billion in
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