Investing.com — Microsoft Corporation (NASDAQ:MSFT)CEO Satya Nadella shrugged off funding concerns raised by Elon Musk over the $500 billion AI infrastructure project, Stargate, spearheaded by President Trump.
“All I know is, I’m good for my $80 Billion,” Nadella told CNBC when asked about Musk’s remarks that the project lacks sufficient funding.
Musk, CEO of Tesla (NASDAQ:TSLA) and a Trump ally, claimed the initiative, involving OpenAI, Oracle (NYSE:ORCL), and SoftBank (TYO:9984), is underfunded. He said SoftBank has secured “well under $10 billion” and expressed skepticism about its ability to meet the financial demands.
The Stargate project, billed as the “largest AI infrastructure project in history,” aims to solidify U.S. leadership in artificial intelligence. Specific funding allocations and details remain undisclosed.
