Artificial Intelligence
Artificial Intelligence
Out of context: Reply #1903
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"OpenAI’s Stargate project reportedly struggling to get off the ground, thanks to tariffs"
"OpenAI’s ambitious Stargate data center project is facing delays thanks to tariff-related economic uncertainty, reports Bloomberg.
Growing market volatility and cheaper AI services have made banks, private equity investors, and asset managers wary of investing in Stargate, an OpenAI-led project that aims to raise up to $500 billion for AI infrastructure in the U.S. and overseas. SoftBank, which in January said it would contribute significant capital to Stargate, has yet to develop a financing template or begin detailed discussions with potential backers, according to Bloomberg."