Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers • Hacker News Board

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

#51

Post by [deleted] » Tue, Jan 21, 2025, 10:43 PM UTC

newfocogi wrote: post #26

Who/what is MGX? Google returns a few hits, none of which are clearly who is referred to here.

[deleted]

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

#52

Post by DonHopkins » Tue, Jan 21, 2025, 10:43 PM UTC

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.

Because it's free to play, pay to win, from now on.

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

#53

Post by pyrophoenix » Tue, Jan 21, 2025, 10:43 PM UTC

More confusion than anything else!

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

#54

Post by jofzar » Tue, Jan 21, 2025, 10:43 PM UTC

> 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 Son will be the chairman.

I'm sorry, has SoftBank suddenly become an American company? I feel like I'm taking crazy pills reading this.

Edit: MGX is Saudi company? This is baffling....

https://www.mgx.ae/en

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

#55

Post by angoragoats » Tue, Jan 21, 2025, 10:43 PM UTC

eterpstra wrote: post #25

angoragoats wrote: post #7

[flagged]

According to the business plan, solving world hunger and ending disease comes AFTER the 1/2 trillion dollar AGI buildout.

I weep for our country.

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

#56

Post by patmcc » Tue, Jan 21, 2025, 10:43 PM UTC

angoragoats wrote: post #7

[flagged]

>>>get people employed

It'll do this one, certainly. Maybe not the most cost-effective jobs program, but I expect there will be many construction and data centre jobs in the next few years.

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

#57

Post by padjo » Tue, Jan 21, 2025, 10:44 PM UTC

Watch the birdie

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

#58

Post by segasaturn » Tue, Jan 21, 2025, 10:44 PM UTC

rfw300 wrote: post #35

newfocogi wrote: post #26

Who/what is MGX? Google returns a few hits, none of which are clearly who is referred to here.

MGX is an arm of the United Arab Emirates' sovereign wealth operation: https://www.mgx.ae/en

I feel like that, along with SoftBank's investment, tell me everything about how serious this project is.

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

#59

Post by dwnw » Tue, Jan 21, 2025, 10:44 PM UTC

jskrn wrote: post #43

Why Texas - is it an ideal location for AI infrastructure?

It is an ideal location for bribing politicians. That was at the top of the reqs list, infrastructure was at the bottom.

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

#60

Post by TrainedMonkey » Tue, Jan 21, 2025, 10:44 PM UTC

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?

I'll make a wild guess that they will be building data centers and maybe robotic labs. They are starting with 100B of committed by mostly Softbank, but probably not transacted yet, money.

> building new AI infrastructure for OpenAI in the United States

The carrot is probably something like - we will build enough compute to make a supper intelligence that will solve all the problems, ???, profit.