#459 – DeepSeek, China, OpenAI, NVIDIA, xAI, TSMC, Stargate, and AI Megaclusters

18091.635 - 18112.186 Nathan Lambert

OpenAI has $0 for this $50 billion, in which they're legally obligated to put $19 billion of CapEx into the joint venture, and then the rest they're going to pay via renting the GPUs from the joint venture. And then there's Oracle. Oracle has a lot of money. They're building the first section completely. They were spending for it themselves, right? This $6 billion of CapEx, $10 billion of TCO.