SoftBank’s $100B AI Venture Stalls: Delays Hinder OpenAI Expansion

A key component of the ambitious OpenAI project, a $500 billion venture backed by Softbank Group Corp., has hit a snag. Softbank and OpenAI are delaying their investment in the Stargate Project, which aims to build new AI infrastructure for OpenAI, impacting the technology industry and market sentiment. The delay stems from negotiations with multiple stakeholders for financial backing, specifically debt financing, which remains stalled despite initial commitments of up to $100 billion. 2025 saw the project’s funding reach an impasse as formal debt financing hasn’t begun, hindering progress. This setback could influence market sentiments in tech and crypto sectors, reminiscent of past large-scale investment disruptions.