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OpenAI and Softbank’s $500 Billion Data Center Project Is Already Stumbling
The Wall Street Journal reported today that OpenAI and Softbank have not been able to agree on key issues regarding the partnership, including where to build the new sites. The group is now aiming to open a single, smaller data center, likely in Ohio, by the end of the year, according to sources familiar with the matter.
Stocktwits on MSN10d
Stargate AI Megaproject Falters? SoftBank, OpenAI, Others Reportedly Scale Back Plans As Elon Musk Mocks Funding Woes AgainEven as deep-pocketed mega-cap tech companies splurge on building data centers, which handle the computational demands of ...
SoftBank (SFTBY) finds itself on the sidelines as OpenAI pushes ahead on the $500 billion Stargate Project. What was billed ...
The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by ...
Cryptopolitan on MSN10d
SoftBank and OpenAI’s Stargate project stalls six months laterSoftBank and OpenAI’s partnership on a $500 billion project to build AI data centers stalls six months after launch.
The latest agreement between OpenAI and Oracle will expand Stargate’s data center capacity, ultimately surpassing the halfway ...
Arm is looking to develop its own chips, CEO Rene Haas said during the company’s Q1 2026 earnings call.
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