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

OpenAI, led by Sam Altman, has announced a $500 billion AI infrastructure project called ‘Stargate’ in collaboration with SoftBank, Oracle, and MGX. Initial funding is set at $100 billion. Key partners include Arm, Microsoft, and NVIDIA. Construction has begun in Texas, with plans to expand. Elon Musk expressed skepticism about the project’s funding.