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OpenAI announces investment project worth 500 billion

linky (known as griftgate lmao)

At current prices of money, this project has to return 20 billion in profit, and likely operate on 50 billion revenue at least to cover the energy costs

73 comments
  • 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

    • Oh duh to build the infrastructure. Can't wait for the only jobs in the future to be back breaking labour to build AI infrastructure while the Earth burns

  • 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.

    • There is no plan, there is just profits and stock evaluations (in this case, nvidia gimme), and grift. 60 year old dipshits are impressed by chat gpt talking cause that's what they do for work, they immediately think they have solved labor. kissinger invested in theranos as a reminder. These are not smart people, these are incredibly rich people who can warp society with pocket change

    • kind of a shit plan when it's going to decimate the already crumbling US infrastructure whilst making currently habitable areas of the US no longer habitable. As opposed to Russia, which climate change has the effect of making massive parts of it's landmass more tolerable to human habitation.

  • 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.

  • 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.

  • 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.”

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