Sam Altman teases Stargate Project's Texas site amid banter with Elon Musk
OpenAI CEO Sam Altman on Friday posted a video showcasing the first site of the $500-billion Stargate Project in Texas, amid Elon Musk's comments about the initiative being insufficiently funded.
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«Big. beautiful. buildings,» Altman wrote in a post on X, with a short video showing the expansive facility.
The Stargate project is a $500 billion initiative to build AI infrastructure across the US, with Masayoshi Son taking the role of chairman. The investment brings an alliance of major tech companies, with SoftBank and OpenAI as the lead partners. SoftBank will oversee the financials, while OpenAI will handle operations. Additionally, Oracle and MGX have joined as equity investors.
When OpenAI announced a commitment to deploy $100 billion in the project right away with SoftBank, Musk said, «they don't have any money». This led to days of back and forth between tech titans, with Altman dismissing the billionaire's comments as «wrong», inviting him to visit the first site already underway.
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