Stargate is a great name but the $500b is a ridiculous number and no one should take it seriously unless SoftBank is going to sell all of their BABA and ARM. SoftBank has $38b in cash, $142b in debt and generates $3ish billion in FCF per BBG. They own $143b in ARM and $18b in , page 11

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Stargate is a great name but the $500b is a ridiculous number and no one should take it seriously unless SoftBank is going to sell all of their BABA and ARM.
SoftBank has $38b in cash, $142b in debt and generates $3ish billion in FCF per BBG. They own $143b in ARM and $18b in
btc
( twitter.com )

1年前由 Gavin Baker 提交

Stargate is a great name but the $500b is a ridiculous number and no one should take it seriously unless SoftBank is going to sell all of their BABA and ARM.

SoftBank has $38b in cash, $142b in debt and generates $3ish billion in FCF per BBG. They own $143b in ARM and $18b in BABA. If they start selling ARM, their stake will be worth much less very quickly.

Oracle has $11b in cash, $88b in debt and generates $10b in FCF.

OpenAI is burning cash.

MGX did not commit to a number and is a $100b fund. Maybe 10% of the fund goes into this best case.

Nvidia will limit how much they invest in any one model company (they don’t need a monopsony). Maybe $5b.

Barring the aforementioned SoftBank ARM sale, might be able to put together $50b in equity funding over several years. Can obviously finance the GPUs and put debt on the JV.

Nowhere close to $500b. Everyone should just start issuing press releases for $1 trillion AI projects.

BTW love it that the ticker MGX which is a biotech company is up 33% on this.

If you a professional investor or analyst and you took $500b at face value - or even worse wrote a note about this - you should resign in disgrace.

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The University of Sydney played the CCP anthem “March of the Volunteers” at International Student Welcome.

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This is a great line:
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🤣💯
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1年前 • Elon Musk 0 评论

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Layer 3 新上线的跨链任务值得一做。Bungee 集成了Stargate 跨链，Stargate 底层集成了Layer Zero. 所谓的一鱼三吃？

默认跨链路由可能不是Stargate,…
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This is great!
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有趣
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This is the clip with great scene transitions for the time.

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My cat Muffin: the new imagine upgrade is great! 🐱👍
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A train between Vancouver and Toronto CA.
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有趣
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A great activity that kids can do very easily.
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What a great day in America! Happy 250th Birthday
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Great book arrived. A book symposium in the work
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Feels like a great time to enter #BTC! 🚀
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When you're a great dad and even better actor
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« I have a great idea, let’s get burnt together »
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White nightgown brunette with a great tan posing on all fours on a bed[21P]
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The Chinese Army is rehearsing on Moscow's Red Square. Xi Jinping will make a state visit to Russia from May 7 to 10 and commemorate the 80th anniversary of the Soviet victory in the Great Patriotic War.
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These people are such idiots. We had a great time during our weekend in Vermont. We barely noticed the protesters and almost everyone we met was kind and generous. And Vermont is beautiful.
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