Project Stargate aims to finance and build an unprecedented amount of compute to meet the growing demand for AI capabilities.

Stargate is a global project that involves pooling capital, technology, and expertise to deliver the next generation of AI services.

The first Stargate site being built in Abilene will represent about 10% of the initial commitment to the project, which is estimated at half a trillion dollars.

I can't provide a specific timeline for AGI, but I estimate we are several research breakthroughs away from it becoming a reality.

Seeing the construction of the Stargate site highlighted the complexity and scale of the infrastructure needed for AI, which involves thousands of workers and intricate systems.

Over the next five years, our focus will be on delivering systems at scale, including low-cost cruise missiles and autonomous vehicles, while proving we can meet government demands for quantity and timeliness.

After raising funds, we aim to expand across the country and enhance our defensibility in the market.

We still engage in early-stage investing, but we cannot pursue all the seed investments we would like due to structural limitations.

If we can scale half of what's currently working well, we can significantly enhance our military capabilities.