Musk Slams Trump-backed AI Mega Project

 Elon Musk, right, and Google CEO Sundar Pichai arrive before the 60th Presidential Inauguration in the Rotunda of the US Capitol in Washington, Monday, Jan. 20, 2025. (AP)
Elon Musk, right, and Google CEO Sundar Pichai arrive before the 60th Presidential Inauguration in the Rotunda of the US Capitol in Washington, Monday, Jan. 20, 2025. (AP)
TT

Musk Slams Trump-backed AI Mega Project

 Elon Musk, right, and Google CEO Sundar Pichai arrive before the 60th Presidential Inauguration in the Rotunda of the US Capitol in Washington, Monday, Jan. 20, 2025. (AP)
Elon Musk, right, and Google CEO Sundar Pichai arrive before the 60th Presidential Inauguration in the Rotunda of the US Capitol in Washington, Monday, Jan. 20, 2025. (AP)

Elon Musk on Wednesday 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.

The comments were a rare instance of a split between the world's richest man and Trump, with Musk playing a key role in the newly installed administration after spending $270 million on the election campaign.

In his first full day in the White House, Trump on Tuesday announced a major investment to build infrastructure for artificial intelligence led by Japanese giant SoftBank and ChatGPT-maker OpenAI.

Trump said the venture, called Stargate, "will invest $500 billion, at least, in AI infrastructure in the United States."

But in a post on his social media platform X, Musk said the main investors "don't actually have the money."

"SoftBank has well under $10B secured. I have that on good authority," Musk added in a subsequent post.

Musk's sideswipe could be particularly targeted at OpenAI, the world's leading AI startup that Musk helped found, before leaving in 2018.

The Tesla boss and OpenAI chief executive Sam Altman, who was present at the White House on Tuesday, have been mired in a serious feud, with Musk opening repeated lawsuits against the company behind ChatGPT.

OpenAI is one of the world's highest valued startups, but loses money on the high costs of turning out its expensive technology.

According to the Wall Street Journal, cloud giant Oracle, which is also involved, has about $11 billion in cash and securities. SoftBank has roughly $30 billion of cash on hand.

The Stargate project is committed to investing an initial $100 billion and up to $500 billion over the next four years in the project.



Britain to Introduce Digital Driving Licences this Year

A gaggle of geese stop traffic on The Mall as they cross the road in front of Buckingham Palace, in London, Britain October 10, 2022. REUTERS/Hannah McKay/File Photo
A gaggle of geese stop traffic on The Mall as they cross the road in front of Buckingham Palace, in London, Britain October 10, 2022. REUTERS/Hannah McKay/File Photo
TT

Britain to Introduce Digital Driving Licences this Year

A gaggle of geese stop traffic on The Mall as they cross the road in front of Buckingham Palace, in London, Britain October 10, 2022. REUTERS/Hannah McKay/File Photo
A gaggle of geese stop traffic on The Mall as they cross the road in front of Buckingham Palace, in London, Britain October 10, 2022. REUTERS/Hannah McKay/File Photo

Britain will introduce digital driving licences later this year in a push to use data to transform public services, the government said on Tuesday.

The licence will be held in a new GOV.UK digital wallet on smartphones and it will enable users to easily prove their age when buying age-restricted items as well as proving a right to drive.

Security features built into smartphones like facial recognition will ensure digital documents are secure even if a device is lost, the government said.

Other credentials issued by the government such as veteran cards and criminal record checks will be added by the end of 2027, it said, while physical documents would also remain available, according to Reuters.

The wallet will come alongside a government app, due this summer, that will make using services like applying for childcare or reporting a lost passport easier.

Science Secretary Peter Kyle said the GOV.UK wallet would mean that every letter or identity document received from the government could be issued virtually.

"For people who choose to use GOV.UK Wallet, they will find it easier to prove they're entitled to benefits or check their age when buying alcohol or DIY equipment, with more security and trust than ever before," he said.

"Crucially, it also opens huge opportunities to make interacting with public services much easier by putting people in control of their own data."

A government review published on Tuesday said the full digitisation of public services could result in more than 45 billion pounds ($55 billion) a year of savings and productivity benefits.

Digital driving licences already exist in Australia, Denmark, Iceland and in some US states.