The Million Dollar Way (The Bakken Oil Blog): Your Mission Today If You Choose To Accept It, Explore Stargate -- February 8, 2205

Saturday, February 8, 2025

Your Mission Today If You Choose To Accept It, Explore Stargate -- February 8, 2205

Locator: 48509LDC.

I assume folks remember Stargate. Trump-supported $500 billion initiative to build-out AI centers across the US. By the way, this is very much like the FDR's Manhattan Project, JFK's space program, and Reagan's StarWars -- all huge efforts to take a commanding lead over the rest of the world in a national security arena.

The Verge, link here:

A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project. Their companies, Softbank, OpenAI, and Oracle (respectively), along with MGX are listed as “initial equity funders” for $500 billion in investments over the next four years, “building new AI infrastructure for OpenAI in the United States.

It's now been announced where the first center will be built. It was announced that it would be in Texas but the original announcement was no specific than that.

I guessed along I-35 north of Waco, perhaps new Round Rock, but I was wrong.

The gold ring goes to Abilene, Texas. Link here.

OpenAI is expanding its push to construct data centers as a $500 billion “Stargate” initiative with the U.S. government takes shape.

Work in Abilene is already underway as part of its joint venture with Oracle and SoftBank, OpenAI said in a call on Thursday.

The cost and specifics of the facility were not immediately disclosed.

Meanwhile, the maker of ChatGPT technology is weighing at least 16 future locations that are expected to flourish across the country, including Arizona, California, New York, Pennsylvania and Utah.

Each campus will be able to generate at least 1 gigawatt of capacity and will be linked.

However, the Abilene site is seen as the linchpin of a massive infrastructure build-out, adding to the Dallas-Fort Worth area’s economic momentum.

The city is the immediate beneficiary of a tranche of the four-year, $500 billion master plan that’s expected to buttress the regional economy.

In ways big and small, data centers are starting to pepper the DFW landscape, with Magnum Economics estimating they generated more than $3.2 billion in state and local tax revenues last year. More projects are expected to reap an additional $3.7 billion in the near term, the firm estimates.

That's the story, but what caught my attention: it's not just Texas, it's not just Abilene, but its DFW.

The original story posted here. See below the fold.

But there's even more to the story, but that's enough for now. By the way, can anyone put that "1 gigawatt of capacity" into perspective?

One-gigawatt of capacity -- that means the site will require a gigawatt of energy to run.

One-gigawatt is the size of a typical nuclear plant.

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Stargate

Stargate: from oilprice:

And while reading .... remember the old saying, a rising tide raises all boats ...

Trump has been in office less than 24 hours.

The Sixth Industrial Revolution. Talked about often on the blog.

Stargate: $0.5 trillion. HQ: Texas -- but no more specific than that. Most likely: somewhere along I-35 north of Austin towards Round Rock / Georgetown.

The Verge, link here:

A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project. Their companies, Softbank, OpenAI, and Oracle (respectively), along with MGX are listed as “initial equity funders” for $500 billion in investments over the next four years, “building new AI infrastructure for OpenAI in the United States.