The Guardian Australia – Business · business
OpenAI pulls out of landmark £31bn UK investment package
6 hours ago
OpenAI has suspended its £31bn Stargate UK project aimed at enhancing the nation’s AI capabilities due to rising energy costs and regulatory challenges. The initiative was originally part of a larger UK-US AI deal announced last September, which promised significant investments in UK tech infrastructure. OpenAI’s CEO emphasized the need for favorable conditions to consider future investments.
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