Skip to content
Search

Latest Stories

What We're Watching

Will Musk shoot down “Stargate?”

​Elon Musk

Elon Musk

Reuters
Make us preferred on Google
On his second day in office, President Donald Trump hosted tech industry leaders at the White House to announce “Stargate,” a $500 billion AI infrastructure project. The initiative, led by OpenAI, Oracle, and SoftBank aims to utilize private-sector funding to build 20 new data centers over four years. It does not include funding from the federal government, but the support of the federal government is key for the companies, which need power and permission to build on federal land to construct more data centers. The ceremony signaled Trump’s pro-tech stance, but will it be taken down by Trump’s favorite tech-titan, Elon Musk?

In their first public rupture since taking office, Musk threw shade at Stargate on X, casting doubt that the companies had the financing to achieve the project’s goals. The companies have disputed his claim, and skeptics wonder if the spat is a continuation of Musk’s ongoing feud with OpenAI CEO Sam Altman.

“Trump, like Biden before him, is clearly embracing AI as a potential source of economic growth and investment,” says Eurasia Group’s geotechnology expert Scott Bade. “Whether all $500 billion will eventually happen is another question.”

We will be watching whether Trump responds to Musk’s disapproval of the bill, but Bade says the project could face further obstacles: namely, energy.

“Despite moves by Biden last week to ease permitting reforms for AI data centers, energy will still prove an obstacle for a project this massive. That will require further action by the Trump administration.”

Want to stay up to date on the latest AI news? Be sure to subscribe to our tech newsletter, GZERO AI, here.

More For You

Iranian President Masoud Pezeshkian displays a memorandum of understanding after signing it in Tehran, Iran, on June 18, 2026.

Iranian President Masoud Pezeshkian displays a memorandum of understanding after signing it in Tehran, Iran, on June 18, 2026, after the document was signed by US President Donald Trump.

Iranian Presidency via ZUMA Press
What does the US-Iran deal mean for Tehran? The interim agreement to end the war, signed by both sides on Wednesday, appears to tilt toward Iran: it lifts the US naval blockade of Iranian ports, grants sanction waivers for Iranian oil products – meaning Tehran no longer has to sell oil at a discount – and gives the Islamic Republic access to [...]
People walking along the Dubai Creek Harbour

People walk along Dubai Creek Harbour, amid the U.S.-Israel conflict with Iran, in Dubai, United Arab Emirates, March 6, 2026.

REUTERS/Amr Alfiky/File Photo
Will the Gulf pay for its own protection from Iran? Iran could reportedly receive up to $300 billion in a reconstruction fund for its battered economy as part of its interim peace deal with the US, which is expected to be formally signed in Switzerland on Friday. While the structure and management of the potential fund are unclear, US President [...]
Israeli PM Benjamin Netanyahu at a news conference

Israeli Prime Minister Benjamin Netanyahu holds a news conference, following a US-Iran deal, in Jerusalem, June 15, 2026.

REUTERS/Ronen Zvulun/Pool
US-Iran deal could spell disaster for NetanyahuIsraeli Prime Minister Benjamin Netanyahu was already struggling in polls ahead of elections later this year, but his situation might get worse after Washington and Tehran agreed to a deal (pending its signing on Friday). Why the issue with ending the war? Israel ploughed resources into the war, its [...]
A man holds an Iranian flag on a street while reading a newspaper

A man holds an Iranian flag on a street, after U.S. and Iranian officials said they had reached a deal to end their war and reopen the Strait of Hormuz, in Tehran, Iran, June 15, 2026.

Majid Asgaripour/WANA via REUTERS
Is the US-Iran deal the real deal? The United States and Iran said Sunday that they had reached an interim agreement that could end the months-long war and reopen the Strait of Hormuz. Officials are expected to sign the deal in Switzerland on Friday, following the G7 summit in France. If signed, it would mark the biggest diplomatic breakthrough [...]