Emily Chang visits the Stargate site in Abilene, Texas for an exclusive first look at the historic $500 billion bet on the future of AI, announced by President Trump the day after his inauguration. She speaks with OpenAI CEO Sam Altman & Softbank CEO Masayoshi Son about why they have partnered, along with Oracle, to build one of the largest AI data centers in the world. Watch more episodes of The Circuit with Emily Chang:
• The Circuit with Emily Chang 00:00 - Stargate intro 02:01 - Touring Stargate 04:03 - Big Tech AI race 05:09 - Sam Altman’s vsion 06:22 - SoftBank’s Masayoshi Son 07:47 - Crusoe founding story 12:03 - Touring Data center 13:23 - OpenAI Studio Ghibli moment 16:14 - Energy challenges 20:35 - Bloomberg reporter reflection 24:19 - Risks 28:18 - Abilene local perspective 34:28 - AI and jobs 36:01 - Trump tariffs 40:00 - Booms and busts
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Inaugurations are expensive…
Partnership is beyond the 10+% stake in OpenAI
SB OpenAI Japan, which will be 50:50 owned by OpenAI and a company established by SoftBank Group Corp. and SoftBank Corp., will be consolidated …
Also a buddy-buddy:
https://www.politico.com/news/magazine/2025/01/21/masayoshi-son-softbank-trump-00199143
https://www.axios.com/2024/12/16/softbank-donald-trump-masayoshi-son
No doubt it’s amazing… The world is going to change over the next 10 years.