OPENAI HAS EFFECTIVELY ABANDONED FIRST-PARTY STARGATE DATA CENTERS IN FAVOR OF MORE FLEXIBLE DEALS

Summary from the TLDR AI newsletter

Stargate's initial goal was to build 20 data centers. However, the partners in the project reportedly could not agree on who would have ultimate control of the planned data centers. OpenAI has started leasing compute instead. The startup has not made a profit since it was founded, and while many institutions believe in its potential, some analysts estimate that it could run out of cash by mid-2027.