alt Hacker NewsIt appears this basically locks out Google, Amazon and Meta. Why are we declaring OpenAI as the winner? This is like declaring Netscape the winner before the dust settled. Having the govt involved in this manner can’t be a good thing.
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Interestingly, there seems to be no actual government involvement aside from the announcement taking place at the White House. It all seems to be private money.
I generally agree that government sponsorship of this could be bad for competition. But Google in particular doesn't necessarily need outside investment to compete with this. They're vertically integrated in AI datacenters and they don't have to pay Nvidia.
I am not sure if OpenAI will be the winner despite this investment. Currently, I see various DeepSeek AI models as offering much more bang for the buck at a vastly cheaper cost for small tasks, but not yet for large context tasks.
Because this is Oracle's and OpenAI's project with SoftBank and MGX as investors.
How involved is the government at all? I’m still having a hard time seeing how Trump or anyone in the government is involved except to do the announcement. These are private companies coming together to do a deal.
Amazon MGM will do the media tie-ins. ;)
Because it's free to play, pay to win, from now on.
This is not a government sponsored agreement. There is no locking out.
Trump probably wanted to start his presidency with a bang, being a person with excess vanity. The participating companies scored a PR coup.
The actual press release makes it clearer that this isn't a lockout of any kind and there's no direct government involvement. Softbank and some of other banks persuaded by Softbank are ponying up $500B for OpenAI to invest in AI. Trump is hyping this up from the sidelines because "OpenAI says this will be good for America". It's basically just another day in the world of press-releases and political pundits commenting on press-releases.
Wonder how co-president Elon Musk feels about this, seeing that OpenAI is his mortal enemy.
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Since the CEOs of Google, Amazon and Meta were seated at the front row of the inauguration, IN FRONT OF the incoming cabinet, I'm pretty confident their techno -power-barrel will come via other channels.