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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

#61
post #16

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

data center + gpu server farm (?)

Plus power plants to drive the massive data centers. At large enough scale, power availability and cost is a constraint.

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

#63

[flagged]

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

I feel like Poe’s Law is in effect here.

https://en.m.wikipedia.org/wiki/Poe%27s_law

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

#64
post #45

~$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.

Don't worry, they said they are doing it in Texas where the power grid is super reliable and able to handle the massive additional load.

Say what you will about Texas, but they are adding energy capacity, renewables especially, at a much faster rate than any comparable state.

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

#65
post #35

Earlier quoted context omitted.

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.

Don't worry, Oracle is also involved.

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

#66
post #45

~$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.

Don't worry, they said they are doing it in Texas where the power grid is super reliable and able to handle the massive additional load.

Probably because they don’t have to deal with energy-related regulations…

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

#67
"SoftBank, OpenAI, Oracle, and MGX" seems like quite the lineup. Two groups who are good at frivolously throwing away investment money because they have so much capital to deploy, there really isn't anything reasonable to do with it, a tech "has-been" and OpenAI. You become who you surround yourself with I guess.

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

#68

~$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.

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

#69
post #56

[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.

Build houses, not data centers.
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