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Stargate Norway

openai.com

21–30 of 121 posts

Re: Stargate Norway

#21
>230MW

rather small compared to what was advertised previously

>joint venture between Nscale and Aker

which seems to imply it is not The Stargate (Oracle, Softbank, MGX?)

Re: Stargate Norway

#22

I assume many who work at OpenAI have seen Pantheon. https://en.wikipedia.org/wiki/Pantheon_(TV_series)

This show had an interesting concept for copying a brain (lasering a brain off layer by layer like reverse 3D printing)

Re: Stargate Norway

#25
post #14
post #10

I do not understand why they chose Norway. I would choose a country where it is easy to build up a new power plant quickly with solar and wind, close to the site of the data center. Maybe they just have too much electricity up there that is not needed by the population or existing industry?

I understand why they didn’t choose Germany: they didn’t want to buy the GPUs in cash and send the receipts via Fax.

this is so hilariously true

Re: Stargate Norway

#26

North Norwegians will finally experience higher electricity prices like us in the south experience since a few years.

Increasing demand is the only reason anyone every developed more supply. And the future will obviously need more energy production. Development costs money so consumers will pay for it with higher prices but Norway just got new, large consumer to help foot the bill.

I would not hold my breath, Norway is kinda holding back new supply (wind + solar + nuclear) if you compare it to Finland or Sweden.

Re: Stargate Norway

#27
”While in Norway, OpenAI will also engage with government officials to explore opportunities for collaboration, including boosting AI adoption and helping to deliver on Norway’s sovereign AI goals for the benefit of its people.”

Aka, Snowden thought us nothing.

Norwegians beware of ChatGPT used as a weapon to move oil money from the people to the ”future of business ”.

Re: Stargate Norway

#28

Some skepticism about the viability of the project here: https://www.wheresyoured.at/power-cut/#butwhat-about-stargat...

I mean, when multiple countries are signing on, I think it’s gonna be fine

> I mean, when multiple countries are signing on, I think it’s gonna be fine

So? They're not paying for it, are they?

From what I can tell in the link I posted (and this could be wrong, so corrections welcome):

1. The project needs ~$100b (although a fraction of that will be sufficient to get the first deployment online)

2. OpenAI and Softbank have each committed ~$18b

3. OpenAI is trying to raise ~$40b to stay in business

4. The majority of that ~$40b is coming from Softbank

5. Softbank has ~$30b cash on hand and is syndicating at least ~$10b in investment for the OpenAI raise.

6. OpenAI has projected a burn rate of ~$40b/year by 2028.

To me it looks like Software is committing $30b to OpenAI + $18b to Stargate. OpenAI, if the raise is successful, will receive $40b over a period of time of which $22b will be available to OpenAI if they make good on their commitment of $18b for Stargate.

Which means that OpenAI needs, in the next few years, $40b/year to run, but will only have $22b after they meet the Stargate commitment in the coming year, leaving them short of operational cash and requiring a further round of investments.

Re: Stargate Norway

#29
post #6

So another major bidder for electricity in my area comes online. Not looking forward to the invoices next winter…

Anyone needing context on this: Norway's electrical infrastructure is almost too good since citizen's prices are set in competition with exporting to the UK, and mainland Europe.

Probably will reap the rewards in about 10 years time once the UK is producing huge amounts of wind and Europe solar, but that's not nuch of a consolation for the minute.

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