Thanks for the interesting response! I disagree on a few points, though:

  If your business model is theoretical, we call that "research" instead.

Are/were Uber and Lyft "research" companies, then? Is Reddit a research company? Edison Electric?

  There is no reproducible or substantial evidence that AGI or singularities exist

There is also no substantial evidence that the sun will rise tomorrow, that climate change will continue, or a million other things that are critical to science. Physical science is empirical in that it inherently requires physical experiments, but that is not the only cognitive tool in play by a long shot.

Regardless: tell them, not me! I'm just reporting what I'd say is an objective fact: they are planning based on scientific predictions of an intelligence explosion -- at least a soft/cybernetic one if not a scarily-fast/purely-digital one.

  It is another Big Tech marketing lie

I think there's a single fact that counters this common sentiment: there is no way in hell that they'd break ground on the largest private infrastructure projects in human history as a marketing stunt. Companies are woefully-shortsighted these days, but that would be another level of foolishness altogether.

They very well may be wrong of course, but I think you're doing yourself a disservice to assume they're lying about it.