Investment AI News & Updates

OpenAI's Stargate Data Center Project Faces Investment Hurdles Amid Economic Uncertainty

OpenAI's Stargate data center project, which aims to raise up to $500 million for AI infrastructure globally, is experiencing delays due to tariff-related economic uncertainty. Investors including SoftBank are hesitant to commit funding as tariffs could increase data center buildout costs by 5-15%, while tech giants like Microsoft and Amazon are already adjusting their data center strategies in response to potential overcapacity concerns.

SoftBank Negotiating $500M Investment in Robotics Foundation Model Developer Skild AI

SoftBank is reportedly negotiating a $500 million investment in Skild AI, a robotics software company building a foundational model for various types of robots, at a $4 billion valuation. The two-year-old company previously raised $300 million at a $1.5 billion valuation, with investors including Jeff Bezos, and represents part of a broader surge in funding for AI-powered robotics companies.