OpenAI, SoftBank Weigh U.K. Investment for Stargate AI Venture, FT Says, Citing Sources

--OpenAI and SoftBank Group are considering an investment in the U.K. as part of the Stargate artificial-intelligence joint venture that aims to build data centers for OpenAI, the FT reports, citing sources.

--Stargate's purpose is to build data centers in the U.S. for OpenAI, but investing in the U.K. is under consideration if the project proves successful, the FT reports.

--OpenAI and SoftBank didn't comment on the U.K. investment but said in a joint statement that Stargate remains fully committed to investing up to $500 billion over the next four years to build AI infrastructure in the U.S. as announced in January.

Full story: https://shorturl.at/mFqvQ

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Write to Mauro Orru at [e-mail]

(END) Dow Jones Newswires

04-17-25 0930ET