{"id":953438,"date":"2025-08-08T07:56:23","date_gmt":"2025-08-08T02:26:23","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=953438"},"modified":"2025-08-08T08:16:52","modified_gmt":"2025-08-08T02:46:52","slug":"softbank-concedes-stargate-project-with-openai-needs-more-time-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/08\/softbank-concedes-stargate-project-with-openai-needs-more-time-2\/","title":{"rendered":"SoftBank concedes Stargate Project with OpenAI needs more time"},"content":{"rendered":"<p>SoftBank Group Corp. said it\u2019s taking longer than anticipated to get Stargate off the ground, conceding for the first time that the $500 billion artificial intelligence tie-up in the US with OpenAI is bogging down.<\/p>\n<p>The Japanese company is trying to forge a consensus with partners including Oracle Corp. and Abu Dhabi\u2019s MGX, Chief Financial Officer Yoshimitsu Goto said during an earnings briefing. SoftBank expects to begin \u201cconcrete\u201d negotiations for its first Stargate datacenter site soon, Goto said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SoftBank Group Corp. said it\u2019s taking longer than anticipated to get Stargate off the ground, conceding for the first time that the $500 billion artificial intelligence tie-up in the US with OpenAI is bogging down. The Japanese company is trying to forge a consensus with partners including Oracle Corp. and Abu Dhabi\u2019s MGX, Chief Financial Officer Yoshimitsu Goto said during an earnings briefing. SoftBank expects to begin \u201cconcrete\u201d negotiations for its first Stargate datacenter site soon, Goto said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-953438","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/953438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=953438"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/953438\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=953438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=953438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=953438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}