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‘They don’t actually have the money’: Musk slams AI project

Justin Sink
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Washington | Elon Musk openly questioned whether companies that joined President Donald Trump’s announcement promising hundreds of billions of dollars in artificial intelligence infrastructure could follow through on their pledges, exposing an early internal rift within the White House.

“They don’t actually have the money,” Mr Musk wrote on his social media platform X hours after the announcement. “SoftBank has well under [$US10 billion] secured. I have that on good authority.”

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    Original URL: https://www.afr.com/technology/musk-says-firms-backing-trump-ai-initiative-don-t-have-the-money-20250123-p5l6kv