U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.

Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.

Elon Musk asked a judge to block OpenAI's attempt to transition from nonprofit to for-profit. It's not the first time he's feuded with CEO Sam Altman.

U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.

Mr. Trump had claimed the A.I. announcement as an early trophy, taking credit for the companies’ decision to spend up to $500 billion building data centers.

At the White House on Tuesday, SoftBank CEO Masayoshi Son confidently predicted that “artificial superintelligence” will kick off America’s “golden age.” President Donald Trump beamed as Son, OpenAI’s Sam Altman and Oracle’s Larry Ellison announced a $500 billion investment in an American scheme to unlock the potential of super-powerful AI.

His comments mark a rare instance of a split between the world’s richest man and the US President. Read more at straitstimes.com.

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

US President Donald Trump has dismissed criticism from close ally Elon Musk about a $US500 billion ($A800 billion) artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.

In an interview with the BBC, Trump said Keir Starmer, the leader of the UK's ruling Labour Party, was doing a "very good job."

The project is what the second Trump administration wishes to accomplish but own of the members of the administration seemed not so happy with the announcement.