The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.

On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial intelligence (AI) infrastructure project in the United States. He called it the "largest AI infrastructure project, by far, in history."

The price of Worldcoin jumped Wednesday, leading the crypto market after OpenAI's $500 billion AI initiative was unveiled.

Elon Musk and Sam Altman publicly dispute the feasibility of 'Stargate,' a $500 billion AI infrastructure project in the US. Musk claims the necessary capital isn't available, while Altman defends the project's viability.

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionair

At a press conference capping his first full day back in the White House, Donald Trump stood beside three of the most influential executives in the world—Sam Altman of OpenAI, Larry Ellison of Oracle,

Charred and scorched earth can be seen in the Los Angeles neighbourhood of Altadena after the Eaton wildfire was mostly contained after burning for weeks.

Musk’s criticisms have escalated into legal actions. In February, he filed a lawsuit against OpenAI, accusing it of breaching its nonprofit mandate. Although the lawsuit was withdrawn in June, Musk refiled it in August, further intensifying the conflict.

Tech titan Elon Musk cast doubt on a $500-billion AI project announced by US President Donald Trump, saying the money promised for the investment actually wasn't there.

Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two tech billionaires that started on OpenAI's board and is now testing Musk's influence with the new president.