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Sam Altman’s Stargate is science fiction | It could be one of the biggest private computing infrastructure projects in history — or a disaster.
A great narrative built on shaky ground.
The deal relied on a few things happening in perfect order: Microsoft loosened its hold on OpenAI after Altman was briefly fired; Trump signaled to Silicon Valley elites that he was for sale; and tech’s biggest players started salivating at the chance to stamp their names on billion-dollar AI projects. He’s leveraging Trump’s desire for wins, SoftBank’s appetite for hype, and the AI arms race fear to secure unprecedented computing power for OpenAI alone, all within an intricate structure that makes it hard to track the money. If Stargate doesn’t get its full $500 billion in funding, we’ll likely end up with a scaled-back version: fewer facilities, smaller builds, longer construction timeline, or a focus on specific regions rather than nationwide deployment.
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