stargate – Weekly Geek

Ars Live recap: Is the AI bubble about to pop? Ed Zitron weighs in.

“It’s not gonna be one Bear Stearns moment,” Zitron explained. “It’s gonna be a succession of events until the markets freak out.” The crux of the problem, according to Zitron, is Nvidia. The chip maker’s stock represents 7 to 8 percent of the S&P 500’s value, and the broader market has become dependent on Nvidia’s… Read More »

OpenAI and partners are building a massive AI data center in Texas

Stargate moves forward despite early skepticism When OpenAI announced Stargate in January, critics questioned whether the company could deliver on its ambitious $500 billion funding promise. Trump ally and frequent Altman foe Elon Musk wrote on X that “They don’t actually have the money,” claiming that “SoftBank has well under $10B secured.” Tech writer and… Read More »