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Any clues to how they plan to invest $500 billion dollars? What infrastructure are they planning that will cost that much?
That was literally my question. Is this basically just for more datacenters, NVidia chips, and electricity with a sprinkling of engineers to run it all? If so, then that $500bn should NOT be invested in today's tech, but instead in making more powerful and power efficient chips, IMO.
Earlier quoted context omitted.
Don't worry, they said they are doing it in Texas where the power grid is super reliable and able to handle the massive additional load.
Say what you will about Texas, but they are adding energy capacity, renewables especially, at a much faster rate than any comparable state.
> This project will not only support the re-industrialization of the United States but also provide a strategic capability to protect the national security of America and its allies. > The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX. SoftBank and OpenAI are the lead partners for Stargate, with SoftBank having financial responsibility and OpenAI having operational responsibility. Masayoshi…
Not to be confused by the other (non-fictional) DoD Stargate Project[0], that involved "remote-viewing" and other psychic crap. The AI Stargate Project claims it will "create hundreds of thousands of American jobs". One has doubts. [0] https://en.wikipedia.org/wiki/Stargate_Project
What a waste of a great name. Why form a separate company for this?
That is why there is the awkward “we’ll continue to consume Azure” sentence in there. Will be interesting to see if it works or if MS starts revving up their lawyers.
SoftBank and MGX paying for all this, all foreign investment. Where is the US government in all this? Why aren't they leading the charge? They obviously have the money.
Not all rich people are out of their minds, but Masayoshi Son definitely is. The way he handled the WeWork situation was bad...