Wendy The Druid

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Wendy The Druid
That Trump-SoftBank-AI Deal? Here's Why It's Probably Bullshit
The Politics Path

That Trump-SoftBank-AI Deal? Here's Why It's Probably Bullshit

Elon Musk Bad-Mouthed It and Here is Why....

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Wendy🏳️‍⚧️🏳️‍🌈🌈
Jan 23, 2025
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That Trump-SoftBank-AI Deal? Here's Why It's Probably Bullshit
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The Setup

Look, we've all seen some wild tech announcements over the years, but this one's got more red flags than a Soviet parade. Trump, standing shoulder-to-shoulder with SoftBank, OpenAI, and Oracle, announcing a half-trillion dollar AI company called "Stargate"? Let's break down why this whole thing smells fishier than a seaside dumpster.

SoftBank in Silicon Valley reallllly disrupts the scene - Marketplace

Follow the Damn Money

First off, let's talk about that $100 billion initial investment. SoftBank's been through some shit lately. Their Vision Fund lost a whopping $32 billion in 2023, and they've been way more cautious with their investments since getting burned by WeWork and other tech failures. The idea that they'd suddenly dump massive amounts into a Trump-led initiative is about as likely as finding a unicorn in your garage.

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Elon Musk's callout about SoftBank having "well under $10B secured" actually tracks wi…

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