zlacker

>> 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...

1. The outlays can be over many years.

2. They can raise debt. People will happily invest at modest yields.

3. They can raise an equity fund.

>>Turing+(OP)
Soooo this isn’t so much ‘announcing an investment’ as ‘announcing an investment opportunity’?

Why not continue:

4. They can start a kickstarter or go fund me

5. They can go on Dragons’ Den

…

>>Turing+(OP)
4. Trump and Altman are both serial liars and it’s utter bullshit.

>>jamesh+V
6. ??? 7. Profit.

>>jamesh+V
>> 4. They can start a kickstarter or go fund me

Debt/Equity Fundraising is basically a kickstarter! Remarkably similar.

>>griomn+J1
who isn't at least they upfront

>>Turing+(OP)
4. The US government can chip in via grants, tax breaks or contracts.

It's all very Dr. Strangelove. "Mr. President, we must not allow an AI gap! Now give us billions"

>>sangno+w7
Is Elon putting on some black leather?

>>Turing+(OP)
Maybe it's in Bison Dollars?

https://www.youtube.com/watch?v=DPy27XWfAyI