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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

#211

Post by atombender »

impulser_ wrote: post #99
heydenberk wrote: post #29

~$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.

[flagged]

The opposite. Trump just halted all federal approvals for wind farms, for example: https://www.nytimes.com/2025/01/21/climate/wind-power-execut....

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

#212

Post by modeless »

shuckles wrote: post #186
modeless wrote: post #152

Earlier quoted context omitted.

I generally agree that government sponsorship of this could be bad for competition. But Google in particular doesn't necessarily need outside investment to compete with this. They're vertically integrated in AI datacenters and they don't have to pay Nvidia.

Google definitely needs outside investment to spend $500b on capex.

They don't have to spend $500B to compete. Their costs should be much lower.

That said, I don't think they have the courage to invest even the lower amount that it would take to compete with this. But it's not clear if it's truly necessary either, as DeepSeek is proving that you don't need a billion to get to the frontier. For all we know we might all be running AGI locally on our gaming PCs in a few years' time. I'm glad I'm not the one writing the checks here.

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

#214

Post by signatoremo »

lvl155 wrote: post #33

It appears this basically locks out Google, Amazon and Meta. Why are we declaring OpenAI as the winner? This is like declaring Netscape the winner before the dust settled. Having the govt involved in this manner can’t be a good thing.

This is not a government sponsored agreement. There is no locking out.

Trump probably wanted to start his presidency with a bang, being a person with excess vanity. The participating companies scored a PR coup.

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

#215

Post by bamboozled »

buildbot wrote: post #150

This is not a new initiative, and did not start under Trump: https://wire.insiderfinance.io/project-stargate-the-worlds-l... It’s incredibly depressing how everyone sees this as something the new administration did in a single day…

Welcome to 1984

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

#218

Post by lelandbatey »

lvl155 wrote: post #33

It appears this basically locks out Google, Amazon and Meta. Why are we declaring OpenAI as the winner? This is like declaring Netscape the winner before the dust settled. Having the govt involved in this manner can’t be a good thing.

The actual press release makes it clearer that this isn't a lockout of any kind and there's no direct government involvement. Softbank and some of other banks persuaded by Softbank are ponying up $500B for OpenAI to invest in AI. Trump is hyping this up from the sidelines because "OpenAI says this will be good for America". It's basically just another day in the world of press-releases and political pundits commenting on press-releases.

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

#219

Post by hooli_gan »

entropicdrifter wrote: post #164
islewis wrote: post #77

$500B is not $7T, but its surprisingly close.

7% is close? In what world is 7% close? If you ran 7% of a mile in 5 minutes, would you claim you were close to running a 5 minute mile?

Looking at it logarithmically makes more sense to me. 500B seems a lot closer to 7T as 3K is to 500B. It's only off by an order of magnitude

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

#220

Post by jimbokun »

adamredwoods wrote: post #202
dwnw wrote: post #182

Earlier quoted context omitted.

I thought the business prop for AI was that it eliminates jobs?

It will. The short-term sale is that it will create thousands of temporary jobs, and long-term reduce hundreds of thousands of jobs, while handing the savings to stock holdings and moving wealth to the stockholders.

Looks on pace to eliminate every human job over 10 years.

What is the hard limiting factor constraining software and robots from replacing any human job in that time span? Lots of limitations of current technology, but all seem likely to be solved within that timeframe.

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