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Chronicles

The story behind the story

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Sources: Stargate lacks a fully developed plan, hasn't yet secured funding, will get no government financing, and will exclusively serve OpenAI once operational

Donald Trump has called the SoftBank-backed venture a 'resounding declaration of confidence in America's potential'

Financial Times

Discussion

  • @luigithirty @luigithirty on bluesky
    I, for one, am shocked that this announcement was bullshit [embedded post]
  • @dsmithweb Deborah Smith-Webber on bluesky
    “'There's a real intent to do this, but the details haven't been fleshed out,' said another person involved in the project.  ‘People want to do splashy things in the first week of Trump being in office.’” [embedded post]
  • @edzitron.com Ed Zitron on bluesky
    No fucking shit I said this yesterday! [embedded post]
  • @bgurley Bill Gurley on x
    More data regarding Stargate. Picture getting clearer, but sounds like many pieces still left to figure out.
  • @teroterotero Tero Kuittinen on x
    What if China figures out a way to do this for $31.7 Million? Is it really a great idea to commit to $500B spend just for OpenAI if it turns out the OpenAI approach is a white elephant?
  • @trengriffin Tren Griffin on x
    “Stargate would be split into an operational unit, tasked with building and running the data centres and headed by OpenAI, and a unit responsible for raising capital, run by SoftBank, a person familiar with the project said.” https://www.ft.com/...
  • r/singularity r on reddit
    financial times: “Stargate has not yet secured the funding it requires, will receive no government financing, and will only serve OpenAI once completed.”
  • r/technology r on reddit
    Stargate artificial intelligence project to exclusively serve OpenAI