OpenAI’s Sam Altman responded to Musk’s allegation that ‘they don’t actually have the money’ by calling him “the most inspiring entrepreneur of our time.”

On President Trump’s first day in office, Elon Musk already had a coveted White House email address. A source tells The Hill that Musk, the billionaire who will head up the Department of Government Efficiency (DOGE),

Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.

Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in the U.S. On Tuesday, the ChatGPT maker announced The Stargate Project, a $500 billion venture to invest in AI infrastructure.

OpenAI, Oracle, and SoftBank formed Stargate, a new venture investing up to $500 billion in AI infrastructure in Texas. President Donald Trump talked up the partnership on Jan. 21, calling it ”a resounding declaration of confidence in America’s potential.

President Trump unveiled the AI initiative on Tuesday alongside the executives of OpenAI, Oracle and Softbank.

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

President Donald Trump called Stargate, a new joint venture by OpenAI, Oracle, and SoftBank, "the largest AI infrastructure project in history."