Is the $500 billion "Stargate" project going to be left unfinished? "Sponsor" SoftBank is being marginalized, with the 1.2GW project shrinking to a small data center in Ohio.

According to the Securities Times app, a media report cited informed sources as saying that the "Stargate" large AI infrastructure construction project in the United States, with a duration of about four years and a planned maximum investment of up to $500 billion, is currently unable to finalize any major data center transactions. This large-scale AI infrastructure project aims to bring together the world's most powerful artificial intelligence technology companies such as SoftBank Group, OpenAI, Microsoft, NVIDIA, Oracle, and ARM to build large artificial intelligence data centers across the United States. However, the current construction progress is facing a major stall, and the core objectives have been significantly reduced in the recent period.