Most Important Article To Date — Must Read — August 20, 2025

Locator: 48910AI.

Link here.

At one moment, investors are talking about McDonald’s pricing and completely ignoring Sam Altman! Am I missing something here? 

 

Is "anyone" reading -- really reading -- these articles?

I know these articles are superficial, shallow, simple, but for heaven's sake, wouldn't you pay a thousand bucks to go to lunch with the CFO of OpenAI? Look at what we're being told in this article. I mean this first sentence is all I needed to read: "the company expects to spend trillions on data centers."

Holy mackerel! And yet folks are talking about investing in a company that's struggling with $18 hamburgers. LOL. This is truly bizarre. 

"Our company expects to spend trillions [of dollars] on data centers."

A handful of companies are now trillion-dollar companies -- market cap -- something we've never seen before -- and folks are commiserating over whether to invest in a company struggling with $18 hamburgers and relative value for their customers. Oh, give me a break.

This stuff -- AI -- is not going to go away. 

OpenAI just hit its first $1 billion revenue month in July. Its biggest challenge is insufficient comoputing power to meet the demand of AI.

 

When I was in medicine, pharmaceutical companies sought a "billion-dollar drug." A billion-dollar drug? That's a drug that has sales of one billion dollars in one year. And that's after years of research. OpenAI? One billion dollars in revenue in one month after just a couple of years of developing large language models.

And the CFO's biggest concern: "we can't keep up with demand." And OpenAI is just one of a dozen such companies.

And then look at this:

“It is voracious right now for GPUs and for compute,” she told CNBC’s “Squawk Box” on Wednesday, adding that insufficient compute, or computing power, to meet the demand of AI is the company’s biggest challenge. “That’s why we launched Stargate. That’s why we’re doing the bigger builds.”

 “That’s why we launched Stargate. That’s why we’re doing the bigger builds.”

Stargate is tracked here. 

At wiki one needs to search high and low before finally finding: Stargate LLC, a 2025 American artificial intelligence joint venture of OpenAI, Oracle, MGX, and Softbank.

Oracle.

Here's Stargate LLC. Link here.

Stargate Project, incorporated in Delaware as Stargate LLC, is an American multinational artificial intelligence (AI) joint venture created by OpenAI, SoftBank, Oracle, and investment firm MGX.[

The venture plans on investing up to US$500 billion in AI infrastructure in the United States by 2029. 

It has been planned since 2022 and was formally announced on January 21, 2025, by United States president Donald Trump.

SoftBank's CEO Masayoshi Son is the venture's chairman.

It is named after the 1994 film Stargate, in which the stargates were portals to other worlds.[

Because of its large scale, the program has been compared to the Manhattan Project. 

As of 7 August 2025, the venture had still not begun and no funds, including the initial $100 billion, were raised.

More:

On January 21, 2025, President Donald Trump announced the venture at a White House press conference, accompanied by Sam Altman from OpenAI, Larry Ellison from Oracle and Masayoshi Son from SoftBank.

Donald Trump called it "the largest AI infrastructure project in history," and he indicated that he would use emergency declarations to expedite the project's development, particularly regarding energy infrastructure.

Larry Ellison contended that Stargate could lead to the AI-facilitated production of mRNA vaccines against cancer, and that such vaccines could be designed "robotically", or by leveraging AI, "in about 48 hours."

Speaking of energy, who is becoming the most important man in the world with regard to energy? North Dakota's own Doug Burgum. Link here.

Burgum was born and raised in Arthur, North Dakota.

After graduating from North Dakota State University in 1978 with a bachelor's degree in university studies and earning an MBA from Stanford University two years later, he mortgaged inherited farmland in 1983 to invest in Great Plains Software in Fargo.

Becoming its president in 1984, he took the company public in 1997. Burgum sold the company to Microsoft for $1.1 billion in 2001. While working at Microsoft, he managed Microsoft Business Solutions. He has served as board chairman for Australian software company Atlassian and SuccessFactors. Burgum is the founder of Kilbourne Group, a Fargo-based real-estate development firm, and also is the co-founder of Arthur Ventures, a software venture capital group.

So, why am I calling him the most important man in the world with regard to energy? We'll get to that in a moment. Link here.