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by bgwalter
299 days ago
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Initially politicians were responsive. In Feb. 2024 he sought trillions of investment to ramp up "AI" [1]. Then he got the White House announcement with Trump and Softbank for the $500 billion Stargate deal. The project has flopped, only one data center will be built. So I assume he thought hype would work again, but people are beginning to scrutinize the real capabilities of "AI". [1] https://www.wsj.com/tech/ai/sam-altman-seeks-trillions-of-do... |
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But they are clearly on their way to build 20 data centers[1]. OpenAI raising $500B over 10-15 years to build inference capacity isn’t really that hard to believe or that impressive at this point tbh. Like that could just be venture debt that is constantly serviced.
[1]: https://builtin.com/articles/stargate-project