Two of the most powerful tech leaders in the world, Microsoft CEO Satya Nadella and Tesla CEO Elon Musk, are not exactly fans of the $500 billion Stargate AI initiative announced by Trump this week.

Microsoft chairman and CEO Satya Nadella joins 'Squawk Box' to discuss the $500 billion Stargate AI project, the company's partnership with OpenAI, state of the AI technology race, U.S.-China chip war,

Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday.

During a recent CNBC interview, when asked for a response over Musk's claims, Nadella said, "I am good for my $80 billion. I am going to spend $80 billion building out Azure. Customers can count on Microsoft with OpenAI models being there everywhere in the world, serving OpenAI models and other models."

Microsoft CEO Satya Nadella responds to Elon Musk's claims regarding the Stargate AI project's funding, maintaining Microsoft's commitment of $80 bill

Elon Musk and Sam Altman shared a longstanding feud ever since Musk, who co-founded OpenAI with Altman in 2015, split from the company.

Microsoft CEO Satya Nadella said that the money Elon Musk referred to is for building useful things and not 'hyping' AI.

I’m not particularly in the details on what they’re investing,” Satya Nadella said, referring to the Stargate initiative.

And they can use information from their environment to improve how the tasks are performed. Unsurprisingly, Nadella thinks the future for AI agents is bright. He spoke earlier this month with Infosys co-founder Nandan Nilekani at a CEO Connect session in ...

Microsoft CEO Satya Nadella confidently addresses Elon Musk's doubts about the $500 billion Stargate AI project, asserting his $80 billion commitment.

Microsoft chairman and CEO Satya Nadella joins 'Squawk Box' to discuss the $500 billion Stargate AI project, the company's partnership with OpenAI, state of the AI technology race, U.S.-China chip war,