Project Stargate

“The companies are committing a hundred billion to the venture with plans to invest up to five hundred billion over the next four years, which actually seems- To put this into perspective, in twenty-twenty-four, I believe there was a hundred and sixty-eight bil…”

“It's clear to everyone involved that they certainly don't have 20% of the five hundred billion just sitting in an account. Like, that money has clearly not been committed.”

“The, like Trump is not committing money to this. He was just like, This is cool.”

“And Masa had very much framed it as before he, you know, apparently the conversation went, if you get, if you win, I'll bring you a hundred billion dollars. And Masa was saying like, I came back with 500.”

“I think it's going to be incredibly interesting to see what Elon's reaction is going to be because he's definitely going to have to out raise.”

“OpenAI will main control of operations and run almost all of its own cluster management software.”

“We believe this project is being measured on the total cost of ownership, not capital expenditures, i.e. The one hundred billion and the five hundred billion is TCO, which includes the capital expenditures for data centers, servers, Networking costs, power cos…”

“We know the first hundred billion will be spent in Abilene, and that there will be more campuses developed for the remaining four hundred billion.”

“SoftBank will likely have to sell off a chunk of its stake in the company to fund Stargate. We think investors are largely missing this point and mistakenly view this announcement as materially incrementally good news.”

“Microsoft is the biggest loser. Microsoft is largely left on the sidelines as OpenAI utilizes another infrastructure partner. As such, and Adele stated, all I know is I'm good for my eighty billion. Microsoft's recent blog post stated the facts of the partners…”

“Even more impressive, all these data center campuses will be, will continue to be built out with the aim of distributed training.”