Trump is pushing a new venture to build up AI infrastructure. So why is Elon Musk tearing it down on X?

From American Public Media, this is Marketplace Techbytes week in review.

We'll be digging into why some crypto insiders are upset with President Donald Trump

over his pre-inogural meme coins. Plus, the latest in the TikTok ban rollback and how Congress

might respond. But first, amid the flurry of executive orders the president signed during his

first week in office, he announced the Stargate

project. It's a joint private effort to build domestic AI data centers. In attendance at the White

House were OpenAI's CEO Sam Altman, Oracle's co-founder Larry Ellison, and SoftBank CEO Masayoshi

Son, who pledged as much as $500 billion in investment.

Here to discuss all that is our regular contributor Anita Ramoswamy, columnist at the information.

It was really unusual to see all of these business leaders, investors, people in tech,

kind of standing right alongside President Trump and talking about the massive scale of

this investment, I think, you know, they had said that it would be initially $100 billion,

then, you know, over time, another $400, even the initial $100 billion. I mean, it's a lot of money.

So my colleagues have reported yesterday about Open AI and SoftBank, initially putting in $19 billion each,

and had reported some details on how this is going to be essentially an extension of OpenAI.

And so it's really interesting to see, like, this one startup that just raised its own capital

and is still not even a public company playing such a hugely influential role in the future of tech in the U.S.

So speaking of the dollar amounts here, we had Elon Musk weighing in when OpenAI tweeted about

this on X, saying they don't even have the money for this. There was some back and forth between

Sam Altman and Elon Musk.

Things got kind of heated. Eventually, Altman tweeted, I realize what is great for the country

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