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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

#272

Post by signatoremo »

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…

It’s an investment in the US. Why does it matter if SoftBank is not an American company?

Also, SoftBank is an investment fund. A lot of its money came from American investors.

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

#274

Post by nerevarthelame »

March 2024: The Stargate project is announced - https://www.tomshardware.com/tech-industry/artificial-intell...

June 2024: Oracle joins in - https://www.datacenterdynamics.com/en/news/openai-to-use-oci...

January 2025: Softbank provides additional funding, and they for some reason give credit to Trump?

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

#275

Post by cavisne »

ericcumbee wrote: post #68
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.

watching the press conference and Onsite power production were mentioned. I assume this means SMRs and solar.

Much more likely is what xAI did, portable gas turbines until the grid catches up.

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

#276

Post by stackskipton »

amelius wrote: post #254
dartos wrote: post #192

The fallout is going to be insane when the AI bubble pops.

Not sure about that. ChatGPT is much greater than Google Search ever was, and that wasn't a bubble.

ChatGPT may be better than Google Search in content but at end of day, you have to make money and last report I saw, ChatGPT is burning through money at prestigious rate.

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

#277

Post by alexandre_m »

signatoremo wrote: post #214
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.

Yes, everything that Trump does is bad.

Or then, consider that with his policies put forward the president brings investments to the US.

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

#279

Post by llamaimperative »

dekhn wrote: post #143
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.

> he wants to maximize the US's economic output to ensure we are competitive with China in the future.

LOL

Under Trump policies, China will win "in the future" on energy and protein production alone.

Once we've speedrunned our petro supply and exhausted our agricultural inputs with unfathomably inefficient protein production, China can sit back and watch us crumble under our own starvation.

No conflict necessary under these policies, just patience! They're playing the game on a scale of centuries, we can't even stay focused on a single problem or opportunity for a few weeks.

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

#280

Post by XorNot »

oldstrangers wrote: post #196

Wouldn't 500bn into quantum computing show better returns for civilization? Assuming it's about progress and ... not money.

This is like asking whether $500 billion to fund warp drives would yield better returns.

Money can't buy fundamental breakthroughs: money buys you parallel experimental volume - i.e. more people working from the same knowledge base, and presumably an increase in the chance that one of them does advance the field. But at any given time point, everyone is working from the same baseline (money also can improve this - by funding things you can ensure knowledge is distributed more evenly so everyone is working at the state of the art, rather then playing catch up in proprietary silos).

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