It’s the latest clash in a feud between the two tech billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president.

Elon Musk and Open AI's Sam Altman are engaged in a feud over Trump-supported Stargate AI infrastructure project. Notably, Musk, who was one of the early investors in OpenAI and a board member, decided to sue the company alleging it of 'betraying its founding aims'.

Trump announced a $500 billion joint venture between OpenAI, Softbank, MGX and Oracle to build new datacenters to power the next wave of AI.

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.

SoftBank Group Corp., OpenAI, and Oracle Corp. are forming a $100 billion joint venture to fund artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at speeding development of the emerging technology.

Oracle Corporation shares surged over 8% in premarket trading on Wednesday. The surge today comes as President Donald Trump announced a landmark $500 billion artificial intelligence infrastructureinvestment involving Oracle,