Elon Musk had sharp words for a private-sector partnership touted this week by the Trump administration to hasten the development of artificial intelligence infrastructure. “They don’t actually have the money,” Musk said of two of the participants in the $500 billion initiative, OpenAI and SoftBank, on his social media site X.

One Trump ally told Politico that “It’s clear he has abused the proximity to the president” in his attack on Altman—which pretty quickly devolved from “they don’t have the money” to presenting Altman as a spineless flip-flopper who trashed Trump during his first term but is sucking up to him now.

U.S. President Donald Trump on Thursday dismissed criticism from close ally Elon Musk about a $500 billion artificial intelligence project that Trump announced with great fanfare at the White House earlier this week.

Elon Musk weighed in on one of the first business investment unveilings by President Donald Trump Wednesday, in a move that could suggest friction at the heart of the new administration's focus on America's leadership in the global technology race.

One Trump ally told Politico that “It’s clear he has abused the proximity to the president” in his attack on Altman—which pretty quickly devolved from “they don’t have the money” to presenting Altman as a spineless flip-flopper who trashed Trump during his first term but is sucking up to him now.