Satya Nadella says ‘good for my $80bn’ on Elon Musk-Sam Altman feud over $500 billion Stargate, Tesla boss responds

  • Elon Musk reacted to Microsoft CEO Satya Nadella's comments regarding the $500 billion Stargate AI project, questioning its funding. Nadella affirmed Microsoft’s investment.

Riya R Alex
Updated23 Jan 2025, 02:05 PM IST
Satya Nadella, Microsoft CEO, confirmed the company's $80 billion investment in AI, while Elon Musk asked questions about funding for the Stargate project.
Satya Nadella, Microsoft CEO, confirmed the company's $80 billion investment in AI, while Elon Musk asked questions about funding for the Stargate project.

Elon Musk, the world's richest man, responded to Microsoft CEO Satya Nadella's statement over the dispute between the Tesla boss and OpenAI CEO Sam Altman over the $500 billion AI project announced by US President Donald Trump.

Microsoft CEO Satya Nadella was asked about the value of the investment in Donald Trump-backed Stargate after Elon Musk claimed that there was no money for the new project.

“I’m not particularly in the details on what they’re investing," Nadella spoke about Stargate in an interview with CNBC.

“Look, all I know is, I’m good for my $80 billion," he added.

Microsoft's AI plans

On January 3, Microsoft announced that it would invest nearly $80 billion in AI-enabled data centres to train AI models and deploy artificial intelligence and cloud-based applications around the world in FY25. Over half of the total investment will be in the US.

 

Also Read | Sam Altman explains how AI can cure cancer

Elon Musk responds

Following Nadella's statement, Musk wrote on X, “On the other hand, Satya definitely does have the money.”

Also Read | Elon Musk and Sam Altman spar over Trump-backed $500 billion Stargate Project

Elon Musk questions Stargate Project

The Microsoft CEO's comments come after SpaceX founder questioned the funding for the Stargate Project announced by the US President, claiming the money expected for the investment is not available.

“They don’t actually have the money,” Musk wrote on X

“SoftBank has well under $10B secured. I have that on good authority," he added.

OpenAI CEO Sam Altman responded to Elon Musk's claim saying, “wrong, as you surely know."

 

Also Read | Elon Musk is Donald Trump’s disrupter-in-chief

He also invited Musk to the first site of the project in Texas, which is under construction.

"This is great for the country. I realize what is great for the country isn’t always what’s optimal for your companies, but in your new role I hope you’ll mostly put (America) first,” Altman wrote on X.

About Stargate Project

The Stargate Project is an AI infrastructure company that plans to invest $500 billion over the next four years in the US. The project aims to foster American leadership in AI, jobs for Americans, and massive economic benefits for the entire world, according to the OpenAI website.

 

Also Read | Elon Musk wanted Vivek Ramaswamy to exit DOGE due to ‘differences’ on H-1B visas

SoftBank, OpenAI, Oracle, and MGX will fund the Stargate Project. SoftBank and OpenAI are the lead partners for Stargate--the former is responsible for financial matters and the latter for operational matters. Microsoft is also one of the major investors in OpenAI.

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Business NewsCompaniesNewsSatya Nadella says ‘good for my $80bn’ on Elon Musk-Sam Altman feud over $500 billion Stargate, Tesla boss responds
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First Published:23 Jan 2025, 01:51 PM IST
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