OpenAI’s $500 billion Stargate venture weighs future UK investment: Report

April 17, 2025

, By The Economic Times

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Stargate, the $500 billion US data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.

British Prime Minister Keir Starmer has promised to take a pro-innovation approach to regulation, make public data available to researchers and create zones for data centres as he strives to make the UK an artificial intelligence “superpower”.

These efforts to boost data centres’ access to electricity have attracted…

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OpenAI’s $500 billion Stargate venture weighs future UK investment: Report

April 17, 2025

, Published By The Economic Times

Stargate, the $500 billion US data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.

British Prime Minister Keir Starmer has promised to take a pro-innovation approach to regulation, make public data available to researchers and create zones for data centres as he strives to make the UK an artificial intelligence “superpower”.

These efforts to boost data centres’ access to electricity have attracted…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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AMD says US rule on chips to China could cost it $800 million

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Russia finance ministry official floats country making own stablecoins: Report

The Economic Times

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