Trump waves off criticism from Elon Musk on AI announcement

WASHINGTON (Reuters) – U.S. President Donald Trump on Thursday dismissed criticism from shut ally Elon Musk a few $500 billion synthetic intelligence mission that Trump introduced with nice fanfare on the White Home earlier this week.

Trump introduced on Tuesday that ChatGPT’s creator OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL) are planning a three way partnership known as Stargate, which he mentioned will construct knowledge facilities and create greater than 100,000 jobs in the US.

SoftBank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle Chairman Larry Ellison joined Trump on the White Home for the launch.

Musk, the Tesla (NASDAQ:TSLA) CEO and the world’s richest man who has change into an in depth adviser to Trump, is a rival of Altman and is in an ongoing lawsuit with OpenAI.

In a submit on X on Wednesday, Musk doubted the group can put collectively the funding for the mission.

“They don’t even have the cash,” Musk mentioned. “SoftBank has nicely below $10B secured. I’ve that on good authority.”

Trump, taking questions from reporters on the White Home on Thursday, was requested if Musk’s criticism of the AI deal bothered him.

“It would not. He hates one of many folks within the deal,” Trump mentioned of Musk. “Folks within the deal are very, very sensible folks. However, Elon, one of many folks he occurs to hate. I’ve sure hatreds of individuals, too.”

As for Musk’s claims about inadequate funding, Trump mentioned: “I do not know in the event that they do, however , they’re placing up the cash. The federal government’s not placing up something, they’re placing up cash. They’re very wealthy folks, so I hope they do.”

A Trump adviser puzzled whether or not the incident would result in a cut up between Trump and Musk, who’s main Trump’s authorities effectivity mission.

“The tip could also be in sight,” the adviser mentioned.