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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

#771

Post by ericjmorey »

HotHotLava wrote: post #479
notatoad wrote: post #242

Earlier quoted context omitted.

there doesn't appear to be any timeline announced here. the article says the "initial investment" is expected to be $100bn, but even that doesn't mean $100bn this year. if this is part of softbank's existing plan to invest $100bn in ai over the next four years, then all that's being announced here is that Sama and Larry Ellison wanted to stand on a stage beside trump and remind people about it.

The literal first sentence of the announcement is: > The Stargate Project is a new company which intends to invest $500 billion over the next four years

The project was announced a year ago so "new"

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

#773

Post by ericjmorey »

notatoad wrote: post #242
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...

there doesn't appear to be any timeline announced here. the article says the "initial investment" is expected to be $100bn, but even that doesn't mean $100bn this year. if this is part of softbank's existing plan to invest $100bn in ai over the next four years, then all that's being announced here is that Sama and Larry Ellison wanted to stand on a stage beside trump and remind people about it.

Seems like you nailed it.

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

#774

Post by anon84873628 »

infecto wrote: post #698
roenxi wrote: post #649

Earlier quoted context omitted.

That sentiment calls for reflection - whoever ends up on top of the heap after the AI craze settles down is going to be someone that everyone objects to. Elon Musk was himself an internet darling up until he became wealthy and entrenched. That said, this does look like dreadful policy at the first headline. There is a lot of money going in to AI, adding more money from the US taxpayer is gratuitous. Although in the s…

> That sentiment calls for reflection - whoever ends up on top of the heap after the AI craze settles down is going to be someone that everyone objects to. Elon Musk was himself an internet darling up until he became wealthy and entrenched. Trying to process this but doesn’t his fall from grace have more to him increasing his real personality to the world? Sometime around calling that guy a pedo. Not much bothers me…

Of all the sentiments that call for reflection, the parent's belief about why people don't like Elon is the one that needs it the most.

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

#775

Post by spacechild1 »

nerevarthelame wrote: post #274

March 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?

This should really be the top comment! Also, many people in the comment section even seem to believe that this is government project...

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

#776

Post by [deleted] »

thelastgallon wrote: post #770
mattlutze wrote: post #726

Earlier quoted context omitted.

Ellison should be nowhere near this: https://arstechnica.com/information-technology/2024/09/omnip... The man has the moral system of a private prison and the money to build one.

Citizens will be on their best behavior because we are constantly recording and reporting everything that's going on," Ellison said, describing what he sees as the benefits from automated oversight from AI and automated alerts for when crime takes place. "We're going to have supervision," he continued. "Every police officer is going to be supervised at all times, and if there's a problem, AI will report the problem a…

[deleted]

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

#777

Post by whimsicalism »

smeeger wrote: post #762
belter wrote: post #576

This is a Military project. Have no doubts about it.

of course. its an arms race by definition so its all a military project. and already one whistleblower was brazenly murdered by our government to protect our horse in this race.

no whistleblower was murdered, ridiculous conspiracy theory

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

#778

Post by whimsicalism »

fsndz wrote: post #615
mppm wrote: post #558

Apart from my general queasiness about the whole AGI scaling business and the power concentration that comes with it, these are the exact four people/entities that I would not want to be at the tip of said power concentration.

What do you prefer ? Letting DeepSeek and China lead the AI war ? DeepSeek R1 is a big wake up call https://open.substack.com/pub/transitions/p/deepseek-is-comi...

we need to cooperate and put aside our petty politicking right now. the potential downsides of ‘racing’ without building a safety scaffold are catastrophic.

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

#779

Post by idiotsecant »

spacechild1 wrote: post #732
mattlutze wrote: post #726

Earlier quoted context omitted.

Ellison should be nowhere near this: https://arstechnica.com/information-technology/2024/09/omnip... The man has the moral system of a private prison and the money to build one.

> "Citizens will be on their best behavior because we are constantly recording and reporting everything that's going on," Ellison said, describing what he sees as the benefits from automated oversight from AI and automated alerts for when crime takes place. Wow! It is genuinely frightening that these people should be in control of our future!

Literal 'new world order' stuff here. Alex Jones and crew got so excited that their guy was in the driver's seat that they didn't notice the actual illuminati lizard people space lasers being deployed.

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

#780

Post by ActionHank »

deknos wrote: post #589

This is so much money with which we could actually solve problems in the world. maybe even stop wars which break out because of scarcity issues. maybe i am getting to old or to friendly to humans, but it's staggering to me how the priorities are for such things.

But then how could politicians and the wealthy steal all that money if you just gave it away or helped the poors?
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