technology

https://www.cnn.com/2025/01/22/tech/elon-musk-trump-stargate-openai/index.html

Shortly after President Donald Trump announced a new massive AI infrastructure investment from the White House, “First Buddy” Elon Musk tried to tear it down.

“They don’t actually have the money,” Musk wrote on his social media platform X. “SoftBank has well under $10B secured. I have that on good authority.”

The companies involved in Stargate have not publicly disclosed how they will contribute the funds, but they don’t necessarily need the money in the bank to support it — they could raise debt or sign on other equity investors.

Altman replied directly to Musk’s claim on X, writing “wrong, as you surely know. want to come visit the first site already under way? this is great for the country. i realize what is great for the country isn’t always what’s optimal for your companies, but in your new role i hope you’ll mostly put (America) first.”

Oh gods I despise the edgy names the edgy grifters give all their edgy bs finance grift commodities.

Ooh look at me, it is I, the Oracle!

Heck yea burn all that capital in a big pit, that's gonna bring the growth back!

Stargate Project is such an insanely bad name for "building some datacentres". Could rich assholes stop claiming legal monopoly over the coolest words for their extremely uncool wastes of time and resources? If your project has nothing to do with gates between stars, then a just government should step in and tell you this ain't right.

They see AI as the next labourer. By achieving AI they seek to achieve something that will improve itself. And by improving itself, rapidly be capable of creating and improving new and existing products and systems. They imagine it creating the robot labour necessary for all things. They imagine it creating technology we can't even understand right now.

Their biggest fear is China achieving this before them.

"Space Odyssey" would have been a better name, IMO. Why sully the Stargate franchise when there are so many manic-ai ones already?

re industrialise the economy by doing more software development

How the fuck are you going to re-industrialize by making the internet full of shit?

It's to spy on us and autoflag every aspect of our lives like some minority report thingy isn't it?

Edit :

Can we implode it by gettjng the to cry that U.A.E. investment into this is "Foreign Influence" affecting "National Security" and because they aren't it's DEI?

This feels like another "Space Race" to drain resources of all nations. This time around, it will lead to the Internet becoming exactly that place, cyberpunk books foreshadowed it to be.

Softbank lol

I think there is a possible outcome where the Internet and all connected devices become so saturated with AI bullshit that we just go back to talking to each other

the re-industrialization of the United States

oh wait, you're serious. let me laugh even harder

What are these hundreds of thousands of jobs? I swear the only reason capitalists are investing in AI is so they can try to get rid of workers

Fiber internet pls

:doomer:

Lmao oh man the AI crash is going to hit the west haaaaard

I'm beginning to think that "flipping" the geopolitical/economic board via rampant acceleration of climate change is the US's only real plan for re-asserting hegemony.

Fossil fuel industry expansion, refusal to adhere to Paris Agreement Accords, and now data-centers being plastered across the world burning electricity to enshittify the internet coupled with China going hard on developing renewables and harnessing sustainable energy to me signals that both nations know that there is no cooperation with the West on reduction of emissions, etc.

hundreds of thousands of jobs

Eat my whole ass.

It’s so that those of us who sell labor have no labor to sell.

I am betting that they will make a shit ton on stocks, but the amount of actual infrastructure built is only a third of what is needed to make sure the project is successful.

I don't understand how Softbank is so eager to lose so much money all the time

I'm so tired of all of this