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Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

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Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#141

Post by adolph »

jofzar wrote: post #54

> 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…

Japan companies were a threat just a couple weeks ago.

There is credible evidence that leads me to believe that (1) Nippon Steel Corporation, a corporation organized under the laws of Japan . . . might take action that threatens to impair the national security of the United States;

https://bidenwhitehouse.archives.gov/briefing-room/president...

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#142

Post by jazzyjackson »

patmcc wrote: post #56
angoragoats wrote: post #7

[flagged]

>>>get people employed It'll do this one, certainly. Maybe not the most cost-effective jobs program, but I expect there will be many construction and data centre jobs in the next few years.

I'm for it if we get the president to declare "AIs are people too" and charge them income tax. Double the tax base of America in 4 years.

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#143

Post by dekhn »

moffers wrote: post #105

After they build the Multivac or Deep Thought, or whatever it is they’re trying to do, then what happens? It makes all the stockholders a lot of money?

The way I think about this project, along with all of Trump's plans, is that he wants to maximize the US's economic output to ensure we are competitive with China in the future.

Yes, it would make money for stockholders. But it's much more than that: it's an empire-scale psychological game for leverage in the future.

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#144

Post by apsec112 »

mempko wrote: post #135
apsec112 wrote: post #108

Earlier quoted context omitted.

$500 billion is a lot of money even by US government standards. It's about the size of all the new spending in the 2021 bipartisan infrastructure bill.

For the US government it's a matter of political will. Where is the political will?

The political will is trying to balance a large existing debt at increasing interest rates, a significant primary deficit even in a good economy, rising military threats from China, a strong Republican desire for tax cuts, extremely popular entitlement programs that no one wants to touch, and an aging population with a declining birthrate

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#145

Post by itishappy »

WaltPurvis wrote: post #138
itishappy wrote: post #97

So about 10% of what Sam was asking the Saudis (and everyone else) for a year ago? That's still a helluva lot of money. Interesting that the UAE (MGX) and Japan (Softbank) are bankrolling the re-industrialization of America.

MGX has nothing to do with the Saudis. It's a UAE operation.

That's embarrassing. Thank you for the correction. Edited!

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#146

Post by T-A »

jskrn wrote: post #43

Why Texas - is it an ideal location for AI infrastructure?

There is a 14 mile tunnel to nowhere in Ellis County which could probably house a few hundred billions worth of computers:

https://en.wikipedia.org/wiki/Superconducting_Super_Collider...

https://www.amusingplanet.com/2010/12/abandoned-remains-of-s...

Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers

#148

Post by subjectsigma »

angoragoats wrote: post #7

[flagged]

Health care can’t be solved by just throwing a shitload of money at it. I’m skeptical about food production as well.

Now quality transportation (trains and metros that work), cheap & accessible housing, and cheap energy might be a good idea because IIUC those are just super large price tags

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