SoftBank Group Corp.’s ambitious plan to invest $100 billion in artificial intelligence infrastructure in the U.S. has encountered delays. Economic risks tied to Washington’s tariffs have stalled financing discussions. Announced in January by SoftBank founder Masayoshi Son and OpenAI co-founder Sam Altman, the Stargate project initially promised immediate deployment of $100 billion, scaling up to $500 billion over time. However, more than three months later, SoftBank has not finalized a project financing framework or initiated detailed talks with banks, private equity investors, and asset managers.
— new from Bloomberg.com
