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Why Trump’s AI plan just caused a billionaire slapfight

January 22, 2025 Scott Joy

Digital Future Daily

At the White House 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 goodwill didn’t last 24 hours.

Elon Musk, the close Trump adviser who has his own AI company and was notably not at the press conference, mocked the effort relentlessly online. “They don’t actually have the money,” he posted on X.

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