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[return to "Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers"]
1. 383toa+0b[view] [source] 2025-01-21 23:29:41
>>tedsan+(OP)
Where are they getting the $500B? Softbank's market cap is 84b and their entire vision fund is only $100b, Oracle only has $11b cash on hand, OpenAI's only raised $17b total...
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2. jhalle+cn[view] [source] 2025-01-22 00:56:37
>>383toa+0b
Oracle's cash on hand is presumably irrelevant- I think they are on the receiving end of the money, in return for servers. No wonder Larry Ellison was so fawning.

Is this is a good investment by Softbank? Who knows.. they did invest in Uber, but also have many bad investments.

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