OpenAI’s USD 500bln "Stargate" plan to secure computing power is being reworked and, in some places, abandoned, FT reports
- A person involved in the buildout said "it is a completely antiquated line right now"
- People familiar said "OpenAI has abandoned the joint venture in favour of a series of large bilateral deals. But OpenAI executives said the guiding principle remains to build more compute."
Context
OpenAI's substantial shift from its original "Stargate" plan, now moving towards bilateral deals, signals a strategic reorientation in how it seeks to secure computing power. This could affect partnerships, potentially impacting entities like Microsoft and broader tech market dynamics, as investors reassess the implications of such changes on the competitive landscape among software firms.
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