But hours after the announcement, one of Trumps key allies, Elon Musk, expressed doubts.
The venture will be called Stargate, and it will include OpenAI, Oracle, and SoftBank.
I think its going to be something thats very special, Trump told reporters from the Roosevelt Room.
Donald Trump speaks in the Roosevelt Room of the White House alongside SoftBank CEO Masayoshi Son, Oracle CTO Larry Ellison, and OpenAI CEO Sam Altman.Photo by Andrew Harnik/Getty Images
It could lead to something that could be the biggest of all.
We wouldnt be able to do this without you, Mr. President, Altman said.
Then, Altman was among the CEOs who committed to the guidelines.
They dont actually have the money, Musk wrote, responding to a statement from Altmans OpenAI.
He added, SoftBank has well under $10B secured.
I have that on good authority.
Later, Altman slapped back at Musk, a rival.
He wrote on X, Wrong, as you surely know.
Want to come visit the first site already under way?
This is great for the country.
That will expand to 20 locations, he said.
He and other executives emphasized the promise of AI in health and medicine.
No legislation ever passed Congress.
