The fallout is going to be insane when the AI bubble pops.
The folks who listen to you and don't see the fact that we are entering a weak singularity deserve to be destitute when this is all over.
Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
401–410 of 1001 posts
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#402What a waste of a great name. Why form a separate company for this?
To get out from under OpenAI’s considerable obligation to Microsoft. That is why there is the awkward “we’ll continue to consume Azure” sentence in there. Will be interesting to see if it works or if MS starts revving up their lawyers.
Ah right. That makes sense.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#403SoftBank isn't a US entity, right? Aside from their risk tolerance, that seems like an odd bedfellow for a national US initiative...
They’re in the US (their fund stuff). Not far from an oracle campus actually. The parent org is in Japan.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#404Where 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...
MGX has at least $100bn: https://www.theinformation.com/articles/a-100-billion-middle...
This is Abu Dhabi money.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#405This is going to be the grift of the century. Sam will put Wall Street robber barons to shame.
> This is going to be the grift of the century.
Pretty sure that was musk and his 50+ bn bonus
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#406It 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.
Since the CEOs of Google, Amazon and Meta were seated at the front row of the inauguration, IN FRONT OF the incoming cabinet, I'm pretty confident their techno -power-barrel will come via other channels.
Broligarchs
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#407I'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…
Let me avoid the use of the word AGI here because the term is a little too loaded for me these days. 1) reasoning capabilities in latest models are rapidly approaching superhuman levels and continue to scale with compute. 2) intelligence at a certain level is easier to achieve algorithmically when the hardware improves. There's also a larger path to intelligence and often simpler mechanisms 3) most current generation…
You can't block AGI on a whim and then deploy 'superhuman' without justification.
A calculator is superhuman if you're prepared to put up with it's foibles.
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#408> The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House.
Wouldn't a more northern state be a better location given the average temperatures of the environment? I've heard Texas is hot!
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#409What will be powering all these data centers? The thought of exponentially increasing our fossil fuel consumption scares the hell out of me.
Well there was this random dude early that was rambling something about „drill baby drill“…
Re: Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
#410March 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?
So that he doesn't block the substantial involvement by Abu Dhabi in a supposed American project.