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AI News from ET - SoftBank concedes Stargate Project with OpenAI needs more time

Vishwadeep Khatri
in AI News & Two Lenses

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SoftBank's ambitious Stargate AI project is facing unexpected delays. The $500 billion collaboration with OpenAI is taking longer than expected. SoftBank is working to build consensus with partners like Oracle and MGX. Concrete negotiations for the first Stargate datacenter site are expected soon. Market volatility and trade policy uncertainties are contributing to the slowdown.

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