None of these companies have the inner resources to fund a 500B build.
Looks like the dollar printing press will continue to overheat in the coming years.
Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
341–350 of 1001 posts
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#342I'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…
This announcement is from the same office as the guy that xeeted: “My NEW Official Trump Meme is HERE! It's time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW.” Your calibration is probably fine, stargate is not a means to achieve AGI, it’s a means to start construction on a few million square feet of datacenters thereby “reindustrializing America”
FWIW Altman sees it as a way to deploy AGI. He's increasingly comfortable with the idea they have achieved AGI and are moving toward Artificial Super Intelligence (ASI).
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#343Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#344Earlier quoted context omitted.
watching the press conference and Onsite power production were mentioned. I assume this means SMRs and solar.
just as likely to be natural gas or a combination of gas and solar. I don't know what supply chain looks like for solar panels, but I know gas can be done quickly [1], which is how this money has to be spent if they want to reach their target of 125 billion a year. The companies said they will develop land controlled by Wise Asset to provide on-site natural gas power plant solutions that can be quickly deployed to me…
could something of this magnitude be powered by renewables only?
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#345~$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.
> It's similar in scale to the GDP of a small middle income country
I’ve been advocating for a data centre analogue to the Heavy Press Programme for some years [1].
This isn’t quite it. But when I mapped out costs, $1tn over 10 years was very doable. (A lot of it would go to power generation and data transmission infrastructure.)
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#346~$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.
Dcs will start generating power on site soon. I know micro nuclear is one area actively being explored.
Small or modular reactors in the US are more than 10 years away, probably more like 15-20. These are facts and not made-up political or pipe-dreaming techno-snobes.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#347It 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.
I am not sure if OpenAI will be the winner despite this investment. Currently, I see various DeepSeek AI models as offering much more bang for the buck at a vastly cheaper cost for small tasks, but not yet for large context tasks.
when did the government EVER go
for anything taking cost into consideration? :)
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#348Earlier quoted context omitted.
Dcs will start generating power on site soon. I know micro nuclear is one area actively being explored.
Small or modular reactors in the US are more than 10 years away, probably more like 15-20. These are facts and not made-up political or pipe-dreaming techno-snobes.
> Small or modular reactors in the US are more than 10 years away, probably more like 15-20
Could be 5 to 10 with $20+ bn/year in scale and research spend.
Trump is screwing over his China hawks. The anti-China and pro-nuclear lobbies have significant overlap; this could be how Trump keeps e.g. Peter Thiel from going thermonuclear on him.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#349Earlier 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.
4. Trump and Altman are both serial liars and it’s utter bullshit.
who isn't at least they upfront
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#350Any clues to how they plan to invest $500 billion dollars? What infrastructure are they planning that will cost that much?
That was literally my question. Is this basically just for more datacenters, NVidia chips, and electricity with a sprinkling of engineers to run it all? If so, then that $500bn should NOT be invested in today's tech, but instead in making more powerful and power efficient chips, IMO.
if only $500bn was enough to make more powerful and power efficient chips…