OpenAIs Stargate project reportedly struggling to get off the ground, thanks to tariffs TechCrunch

OpenAIs Stargate project reportedly struggling to get off the ground, thanks to tariffs | TechCrunch

News Source : TechCrunch

News Summary

Tariffs could greatly increase the cost of data center buildouts
SoftBank, which in January said it would contribute significant capital to Stargate, has yet to develop a financing template
Tech giants including Microsoft and Amazon have adjusted their data center strategies, in some cases pulling back on construction projects

OpenAIs ambitious Stargate data center project is facing delays thanks to tariffrelated economic uncertainty, reports Bloomberg.Growing market volatility and cheaper AI services have made banks, [+863 chars]

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