AI Gets Star Power

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 23 January 2025

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

...as if it didn’t have enough already! (00:14) Asit Sharma and Mary Long discuss: - The new venture to build out American AI infrastructure. - How 20 data centers get a $500 billion price tag. - GE Aerospace’s razor-and-blades business model. Then, (19:15), Seth Jayson joins to walk through why the rooftop solar industry doesn’t look so sunny. Companies mentioned: MSFT, ORCL, NVDA, GE, ENPH, SEDG To become a premium Motley Fool member, go to www.fool.com/signup Host: Mary Long Guests: Asit Sharma, Seth Jayson Engineer: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	We're headed up to the skies and the stars.
0:07.5	You're listening to Motley Full Money.
0:13.5	I'm Mary Long, joined today by the one, the only, Asset Sharva, Asset.
0:18.0	Thanks for being here on this lovely Thursday morning.
0:21.3	Mary, I am excited for this conversation.
0:24.8	As am I, we're going to kick things off today because there's a new partnership in town.
0:30.1	I'm going to use that word because I don't fully know what else to call it.
0:32.9	And it's allegedly worth about $500 billion.
0:36.3	Put it other way, that's half a trillion dollars, so a lot of money.
0:40.2	Yesterday, President Trump announced a new AI venture that brings together some big names,
0:45.2	Oracle, SoftBank, and Open AI being three of them. Much has been made about who's in and who's
0:51.1	out of this project. I got a lot of questions, actually, about the project
0:54.7	itself. So let's start there, Asset. What is Stargate? And why are these three companies
1:00.7	the ones that are at the helm of whatever this really is? So Stargates, Mary, is nominally a joint
1:07.2	venture, some type of partnership that is aimed at building out AI infrastructure,
1:13.1	nominally, data centers.
1:14.9	There is a $500 billion price tag associated with this buildout that we think will consume
1:20.6	some capital expenditure between a few companies over the next five years.
1:25.3	Other than that, the details are sparse. The actual announcement
1:29.7	was handled by Open AI, which was and is a key player in the AI landscape and is going to be a
1:36.9	key player in this project. But as you mentioned, there isn't really a detailed roadmap for
1:43.7	exactly what this joint venture is supposed to
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.