The Stargate project has big implications for U.S. AI leadership, but also for who's winning the new president's ear.

Stargate is supposed to spend $500 billion on AI infrastructure, President Trump said. But Elon Musk suggested that the venture has much less cash.

Bannon tore into Musk, revealing another fissure in the MAGA world over Trump's highly touted Stargate project.

President Donald Trump on Tuesday announced Stargate, a new entity that plans to invest $500 billion in artificial intelligence infrastructure with the goal of making advancements in industries like health care and positioning the U.S. as the leader in AI.

Elon Musk's status as the "First Buddy" to Donald Trump is complicating his ongoing rivalries with some of the biggest names in business. Why it matters: Musk has been at war with OpenAI's Sam Altman,

At the White House on Tuesday, SoftBank CEO Masayoshi Son confidently predicted that “artificial superintelligence” will kick off America’s “golden age.” President Donald Trump beamed as Son, OpenAI’s Sam Altman and Oracle’s Larry Ellison announced a $500 billion investment in an American scheme to unlock the potential of super-powerful AI.

The companies expect to commit $100 billion to Stargate initially and invest $500 billion into the venture over the next four years.

Space X CEO Elon Musk raised questions over the value of the investment in the Stargate AI project which is backed by US President Donald Trump

The clash over Stargate is the latest chapter in a years-long dispute between Elon Musk and Sam Altman, who co-founded OpenAI together.

President Donald Trump revoked a 1965 civil rights executive order Tuesday, rolling back authorities long used to prevent employment discrimination by federal contractors, subcontractors and grant recipients. He also ordered agencies to plan potential civil rights investigations against private sector entities who embrace diversity hiring.