President Donald Trump surprised the world with the announcement of Project Stargate, an artificial intelligence initiative aimed at consolidating the United States as a global leader in technology. The project aims to build up to 20 new data centers in four years, with a projected investment of $500 billion in total. Among the participating companies are OpenAI, Oracle, SoftBank, Microsoft, Nvidia, and Arm, with the initial location being Texas.
The strongest criticism came from Elon Musk, who questioned the viability of the project, citing a lack of funding. Through his social media, Musk stated that 'The truth is they don't have the money' and pointed out that SoftBank has 'less than $10 billion secured,' according to firsthand information. This raised doubts about Stargate's ability to become a reality.
Additionally, the rivalry between Elon Musk and Sam Altman, CEO of OpenAI, resurfaced with this project. Altman responded to Musk's criticisms with an ambiguous message in which he praised Musk's achievements, leaving uncertain whether it was a sincere or ironic comment. With Elon Musk leading a government efficiency commission and his influence in the new Republican administration, the future of Stargate is shrouded in uncertainty.
Now the question arises whether this ambitious plan will manage to raise the necessary funds to be carried out or if it will end up being just an unfulfilled promise. The uncertainty about funding capability, coupled with the criticisms and rivalries at play, presents a scenario of doubt about the future of Project Stargate.
