Stargate's $500B AI data center project stalls as OpenAI, Oracle, and SoftBank can't agree

The Stargate AI data center initiative, announced by President Trump in January 2025, has failed to hire staff or develop any data centers more than a year later. OpenAI, Oracle, and SoftBank continue to argue over responsibilities and organizational structure. OpenAI tried building its own data centers independently but couldn't secure financing, ultimately returning to Oracle and SoftBank. The consortium is now pursuing bilateral deals rather than operating as a three-way joint venture, a significant downgrade from the original vision of a unified $500B AI infrastructure push.

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