OpenAI and Softbank’s $500 Billion Data Center Project Is Already Stumbling
Stargate, the ambitious joint venture announced at the White House back in January between OpenAI, Oracle, the Japanese holding company Softbank, and others, appears to be struggling to deliver on its bold promises just six months later. The Wall Street Journal reported today, citing unnamed sources, that the Stargate Project has yet to finalize any deals for new data centers. The report also says the group is scaling back its near-term goals. When it was announced on Jan. 21, Stargate was pit