TacoButtPlug

joined 2 years ago
MODERATOR OF
tacobuttplug
sorted by: new top controversial old
California’s groundwater drought continues despite torrential rain in c/[email protected]
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Evidence of cannibalism 18,000 years ago (www.sciencedaily.com)
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Evidence of cannibalism 18,000 years ago (www.sciencedaily.com)
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Evidence of cannibalism 18,000 years ago (www.sciencedaily.com)
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Evidence of cannibalism 18,000 years ago (www.sciencedaily.com)
 

=o

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California’s groundwater drought continues despite torrential rain (www.newscientist.com)
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Trump unveils $500bn AI investment by SoftBank, OpenAI and Oracle (asia.nikkei.com)
 

Because it's heavily paywalled, here's th gist:

February 2025: A major AI infrastructure investment in the US. Here are the key points:

Scale and Participants:

  • A $500 billion AI infrastructure investment announced by President Trump
  • Joint venture called "Stargate" formed by three companies:
    • SoftBank Group (Japan)
    • OpenAI (US)
    • Oracle (US)

Financial Details:

  • Initial commitment of $100 billion
  • Plans to increase to $500 billion over four years
  • SoftBank made an additional separate $100 billion investment pledge

Market Impact:

  • SoftBank shares rose 11.6% to ¥10,325 (highest since July 2024)
  • Oracle shares up 7.2% on Nasdaq
  • Japanese chip stocks also rose (Advantest +4.5%, Tokyo Electron +2.9%)

First Project:

  • Data center in Abilene, Texas
  • Over 46,500 square meters
  • Already under construction

Policy Context:

  • Trump administration emphasizing AI investment and deregulation
  • Trump rescinded Biden's 2023 executive order on AI regulation
  • Positioned as keeping technology investment in US rather than China

The announcement involved high-profile executives including Masayoshi Son (SoftBank CEO), Sam Altman (OpenAI CEO), and Larry Ellison (Oracle Chairman/CTO), who appeared with Trump at the White House for the announcement.

This represents one of the largest technology infrastructure investments in history and signals a major shift in US AI policy and investment strategy.

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Trump unveils $500bn AI investment by SoftBank, OpenAI and Oracle (asia.nikkei.com)
 

Because it's heavily paywalled, here's th gist:

February 2025: A major AI infrastructure investment in the US. Here are the key points:

Scale and Participants:

  • A $500 billion AI infrastructure investment announced by President Trump
  • Joint venture called "Stargate" formed by three companies:
    • SoftBank Group (Japan)
    • OpenAI (US)
    • Oracle (US)

Financial Details:

  • Initial commitment of $100 billion
  • Plans to increase to $500 billion over four years
  • SoftBank made an additional separate $100 billion investment pledge

Market Impact:

  • SoftBank shares rose 11.6% to ¥10,325 (highest since July 2024)
  • Oracle shares up 7.2% on Nasdaq
  • Japanese chip stocks also rose (Advantest +4.5%, Tokyo Electron +2.9%)

First Project:

  • Data center in Abilene, Texas
  • Over 46,500 square meters
  • Already under construction

Policy Context:

  • Trump administration emphasizing AI investment and deregulation
  • Trump rescinded Biden's 2023 executive order on AI regulation
  • Positioned as keeping technology investment in US rather than China

The announcement involved high-profile executives including Masayoshi Son (SoftBank CEO), Sam Altman (OpenAI CEO), and Larry Ellison (Oracle Chairman/CTO), who appeared with Trump at the White House for the announcement.

This represents one of the largest technology infrastructure investments in history and signals a major shift in US AI policy and investment strategy.

'Backfired spectacularly': European officials reportedly now view US as an 'adversary' in c/[email protected]
[–] TacoButtPlug 1 points 19 hours ago

Well if it makes you feel any better my 21 year old butt was drinking wine and yelling at my TV with my roommate in KCMO.

Gloom in India as more lose hope of better quality of life under Modi: survey in c/[email protected]
Gloom in India as more lose hope of better quality of life under Modi: survey in c/[email protected]
Gloom in India as more lose hope of better quality of life under Modi: survey in c/[email protected]
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Gloom in India as more lose hope of better quality of life under Modi: survey (www.scmp.com)
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Gloom in India as more lose hope of better quality of life under Modi: survey (www.scmp.com)
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Gloom in India as more lose hope of better quality of life under Modi: survey (www.scmp.com)
'Backfired spectacularly': European officials reportedly now view US as an 'adversary' in c/[email protected]
[–] TacoButtPlug 3 points 20 hours ago (1 children)

threat ≠ not a clown show

How big is lemmy nowadays in c/[email protected]
[–] TacoButtPlug 2 points 1 day ago

Now I'm imagining someone has me tagged as "data slut" from a thread last week about our jobs

How big is lemmy nowadays in c/[email protected]
[–] TacoButtPlug 10 points 1 day ago (2 children)

I like that

Looking for a kitten in c/funny
[–] TacoButtPlug 0 points 1 day ago

That's exactly how this reads

'Backfired spectacularly': European officials reportedly now view US as an 'adversary' in c/[email protected]
[–] TacoButtPlug 14 points 1 day ago (2 children)

Lord, that shit was infuriating. I hope Powell is roasting in hell if there is one.

'Backfired spectacularly': European officials reportedly now view US as an 'adversary' in c/[email protected]
[–] TacoButtPlug 17 points 1 day ago (4 children)

I kept seeing memes on the bot mills going, "can't wait to Jan 19 so the world will stop laughing at us" ...

Ok Gorbichav

Trump prepares to wipe out years of progress on gun violence in c/[email protected]
[–] TacoButtPlug 1 points 1 day ago

Seems to be a few. The one on lemm.ee would probably be the more popular one since that's a bigger instance of the choices. Could always make one here.

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Help Denmark Buy California – Because Why Not? (denmarkification.com)
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Russia asks Elon Musk to hand over names of dissidents (www.thetimes.com)
submitted 4 days ago by TacoButtPlug to c/worldnews
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