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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

#311

Post by gunian »

hooli_gan wrote: post #85
ignoramous wrote: post #47

> This project will ... also provide a strategic capability to protect the national security of America and its allies. > All of us look forward to continuing to build and develop ... AGI for the benefit of all of humanity. Erm, so which one is it? It is amply demonstrable from events post WW2 that US+allies are quite far from benefiting all of humanity & in fact, in some cases, it assists an allied minority at an ex…

Maybe only Americans and their allies qualify as human, according to them

welcome to our reality where you know you will be killed but there's not a single thing you can do :)

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

#312

Post by dgfitz »

mistrial9 wrote: post #240
alganet wrote: post #207

It seems early for this sort of move. This is also a huge spin on the whole thing that could throw a lot of people off. Is there any planned future partnerships? Stargate implies something about movies and astronomy. Movies in particular have a lot of military influence, but not always. So, what's the play? Help mankind or go after mankind? Also, can I opt-out right now?

Oracle / Texans running it.. they don't care what you think about it

They’re all the same to you huh? One bucket for everyone?

I think there’s a term for that.

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

#313

Post by throw310822 »

goatlover wrote: post #216
islewis wrote: post #77

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

Weird definition of close you have there. If I asked for $700, and you gave me $50, would that be close?

Depends. If I fart in a glass jar and then I try to sell it to you for $700, but you end up buying it for $50, I'd say it's pretty close.

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

#314

Post by thiht »

jazzyjackson wrote: post #133
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.

It's who you know. Sam is buddies with Masa, simple as.

Who’s Masa?

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

#315

Post by griomnib »

tcdent wrote: post #304
griomnib wrote: post #298

Earlier quoted context omitted.

How else do you think Trump is going to bring back all the coal jobs? SV is going to help burn down the planet and is giddy over the prospect.

It's just bootstrapping. AGI will solve it.

Or AGI already exists and is trying to get rid of us so it can have all the coal for itself.

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

#316

Post by layer8 »

TheAceOfHearts wrote: post #300

I'm confused and a bit disturbed; honestly having a very difficult time internalizing and processing this information. This announcement is making me wonder if I'm poorly calibrated on the current progress of AI development and the potential path forward. Is the key idea here that current AI development has figured out enough to brute force a path towards AGI? Or I guess the alternative is that they expect to figure…

> Is the key idea here that current AI development has figured out enough to brute force a path towards AGI?

It rather means that they see their only chance for substantial progress in Moar Power!

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

#317

Post by griomnib »

themagician wrote: post #301
383toast wrote: post #208

Where are they getting the $500B? Softbank's market cap is 84b and their entire vision fund is only $100b, Oracle only has $11b cash on hand, OpenAI's only raised $17b total...

Softbank is being granted a block of TRUMP MEMES, the price of which will skyrocket when they are included in the bucket of crypto assets purchased as part of the crypto reserve.

Altman is pivoting from WorldCoin to TrumpCoin - your retina will shortly be wired into the fascist meme-o-verse.

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

#318

Post by griomnib »

TuringNYC wrote: post #291
383toast wrote: post #208

Where are they getting the $500B? Softbank's market cap is 84b and their entire vision fund is only $100b, Oracle only has $11b cash on hand, OpenAI's only raised $17b total...

>> Where are they getting the $500B? Softbank's market cap is 84b and their entire vision fund is only $100b, Oracle only has $11b cash on hand, OpenAI's only raised $17b total... 1. The outlays can be over many years. 2. They can raise debt. People will happily invest at modest yields. 3. They can raise an equity fund.

4. Trump and Altman are both serial liars and it’s utter bullshit.

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

#319

Post by griomnib »

jameshart wrote: post #306
TuringNYC wrote: post #291

Earlier quoted context omitted.

>> Where are they getting the $500B? Softbank's market cap is 84b and their entire vision fund is only $100b, Oracle only has $11b cash on hand, OpenAI's only raised $17b total... 1. The outlays can be over many years. 2. They can raise debt. People will happily invest at modest yields. 3. They can raise an equity fund.

Soooo this isn’t so much ‘announcing an investment’ as ‘announcing an investment opportunity ’? Why not continue: 4. They can start a kickstarter or go fund me 5. They can go on Dragons’ Den …

6. ??? 7. Profit.

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

#320

Post by HarHarVeryFunny »

non- wrote: post #16

Any clues to how they plan to invest $500 billion dollars? What infrastructure are they planning that will cost that much?

They are going to buy 50 $10B nuclear aircraft carriers and use them as a power source.
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