PALO ALTO, Calif./NEW YORK — Elon Musk has openly questioned whether a group of tech giants will spend $500 billion to build an artificial intelligence infrastructure in the U.S.
On Tuesday, Japanese tech investor SoftBank Group joined U.S. peers OpenAI and Oracle to unfurl the massive spending initiative, dubbed the “Stargate” project. The plan is to initially commit $100 billion then increase spending to $500 billion over the next four years.
