Stargate AI data centers for OpenAI reportedly delayed by squabbles between partners — sources say OpenAI, Oracle, and SoftBank disagreed on who would have ultimate control of the planned data centers
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AI GeneratedSquabbles between OpenAI, Oracle, and SoftBank have reportedly delayed the Stargate AI data centers initiative, as the partners disagreed on ultimate control of the planned data centers. OpenAI initially wanted to own the data centers to secure its future without relying on third-party cloud providers, but investors were hesitant due to high upfront costs. Oracle secured a deal to build a Stargate data center, while negotiations with SoftBank led to a compromise where SoftBank would own the site but OpenAI would control its design. Despite delays, progress is now being made on Stargate projects, with OpenAI aiming for a $100 billion funding round and an $800 billion valuation.