Left to right: Donald Trump, Masayoshi Son (SoftBank), Larry Ellison (Oracle), Sam Altman (OpenAI)
We flipped on the TV to Fox News yesterday in the late afternoon. Much to our delight, President Trump talked about AI (artificial intelligence) and a massive new investment in AI data centers from a consortium that includes OpenAI (ChatGPT), SoftBank, and Oracle. All big and important companies. When we heard the amount the group pledges to invest in the next four years, $500 billion (half a trillion dollars!), our jaw hit the floor. As we point out in a companion post today, these data centers are HUGE new natural gas customers because gas will generate the electricity they need to operate. We mean, WOW, can you imagine how much gas will be needed to power $500 billion worth of new data centers?
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