> 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…
Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
171–180 of 1001 posts
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#172SoftBank isn't a US entity, right? Aside from their risk tolerance, that seems like an odd bedfellow for a national US initiative...
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#173Why are corporations announcing business deals from the White House? There doesn’t seem to be any public ownership/benefit here, aside from potential job creation. Which could be significant. But the American public doesn’t seem to gain anything from this new company.
An announcement of a public AI infrastructure program joined by multiple companies could have been a monumental announcement. This one just looks like three big companies getting permission to make one big one.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#174~$125B per year would be 2-3% of all domestic investment. It's similar in scale to the GDP of a small middle income country. If the electric grid — particularly the interconnection queue — is already the bottleneck to data center deployment, is something on this scale even close to possible? If it's a rationalized policy framework (big if!), I would guess there's some major permitting reform announcement coming soon.
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"a) The term “energy” or “energy resources” means crude oil, natural gas, lease condensates, natural gas liquids, refined petroleum products, uranium, coal, biofuels, geothermal heat, the kinetic movement of flowing water, and critical minerals, as defined by 30 U.S.C. 1606 (a)(3)."
This is Trump accepting bribes from the legacy and fossil fuel industries to keep those "nasty" new clean energy sources from competing with them.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#175Earlier quoted context omitted.
They say this will include hundreds of thousands of jobs. I have little doubt that dedicated power generation and storage is included in their plans. Also I have no doubt that the timing is deliberate and that this is not happening without government endorsement. If I had to guess the US military also is involved in this and sees this initiative as important for national security.
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Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#176Any clues to how they plan to invest $500 billion dollars? What infrastructure are they planning that will cost that much?
Reasonably speaking, there is no way they can know how they plan to invest $500 billion dollars. The current generation of large language models basically use all human text thats ever been created for the parameters... not really sure where you go after than using the same tech.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#177I'm watching the announcement live from the white house and something about this just feels so strange and dystopian.
Agreed, and whats the story behind the art chosen for the landing page?
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#178Why are corporations announcing business deals from the White House? There doesn’t seem to be any public ownership/benefit here, aside from potential job creation. Which could be significant. But the American public doesn’t seem to gain anything from this new company.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#179After 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?
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#180Why are corporations announcing business deals from the White House? There doesn’t seem to be any public ownership/benefit here, aside from potential job creation. Which could be significant. But the American public doesn’t seem to gain anything from this new company.