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#oracle

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"[I]t appears that SoftBank may not be able to — or want to — proceed with any of these initiatives other than funding OpenAI's current round, and evidence suggests that even if it intends to, SoftBank may not be able to afford investing in OpenAI further.

I believe that SoftBank and OpenAI's relationship is an elaborate ruse, one created to give SoftBank the appearance of innovation, and OpenAI the appearance of a long-term partnership with a major financial institution that, from my research, is incapable of meeting the commitments it has made.

In simpler terms, OpenAI and SoftBank are bullshitting everyone.

I can find no tangible proof that SoftBank ever intended to seriously invest money in Stargate, and have evidence from its earnings calls that suggests SoftBank has no idea — or real strategy — behind its supposed $3-billion-a-year deployment of OpenAI software.

In fact, other than the $7.5 billion that SoftBank invested earlier in the year, I don't see a single dollar actually earmarked for anything to do with OpenAI at all.

SoftBank is allegedly going to send upwards of $20 billion to OpenAI by December 31 2025, and doesn't appear to have started any of the processes necessary to do so, or shown any signs it will. This is not a good situation for anybody involved."

wheresyoured.at/softbank-opena

Ed Zitron's Where's Your Ed At · Is SoftBank Still Backing OpenAI?Earlier in the week, the Wall Street Journal reported that SoftBank and OpenAI's "$500 billion" "AI Project" was now setting a "more modest goal of building a small data center by year-end." To quote: A $500 billion effort unveiled at the White House to supercharge the U.S.’s artificial-intelligence

30 Mrd. Dollar für Rechenleistung: OpenAI schließt den teuersten KI-Deal der Geschichte mit Oracle ab. Projekt „Stargate“ soll immense Infrastruktur schaffen – doch zu welchem Preis? Eine Abhängigkeit, die Fragen aufwirft. Mehr zur Macht hinter der Cloud: #OpenAI #Oracle #KI 👇
all-ai.de/news/news24/openai-o

All-AI.deOpenAI zahlt Oracle 30 Mrd – der teuerste Deal der KI-GeschichteMit einem Mega-Deal für Rechenzentren sichert sich OpenAI Power für Stargate. Was steckt hinter dem Milliardenpoker um KI-Infrastruktur?

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