Welcome to the AI chat podcast. On the podcast today, I want to talk about some massive news that we've been seen this week out of Open AI, and that is their AI Stargate project.

Now, there's a lot to unpack here. Likely, I think a lot of people have probably heard there was day one or day two or day three of Trump's presidency.

He gets in a room with a podium with Sam Altman,

the CEO of Oracle, Larry Ellison, and the CEO of SoftBank.

And all three of them essentially announced that they're going to be creating a new organization

that is going to have a $500 billion investment.

This is the big eye-watering part. It's going to be

called Stargate. And essentially, it's going to be building AI infrastructure to power

to power AI. It's going to be data centers to power these AI models. And a lot of people

have, there's a lot of questions about this and a lot of new information has come out about this.

We're going to be breaking all of it down today on the podcast.

First of all, I wanted to go and talk a little bit about what the project actually is.

Opening Eye came up with an announcement, and I wanted to read a couple things from that.

And then I want to go into some of the controversies surrounding this.

So the first thing is opening eye says, quote, the Stargate Project

is a new company, which intends to invest $500 billion over the next four years. They said, and it's

going to be a building new AI infrastructure for Open AI in the United States. This is what's

interesting to me. This isn't just like, okay, $500 billion, go. They said, we're going to begin

deploying $100 billion immediately. and then, you know,

presumably the rest of it will follow.

Now, there's been a lot of speculation and drama about if they actually have the money,

and Elon Musk saying that they don't have the money, and Sam Altman responding,

...