OpenAI’s apparent failure to visit key site raises questions over UK investment

admin July 4, 2026 Leave a Comment

Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypothetical

It was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major step forward in the US-UK technology partnership”.

But the plans were paused in April, with an OpenAI spokesperson citing concerns over regulation and high energy costs.

Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalIt was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major step forward in the US-UK technology partnership”.But the plans were paused in April, with an OpenAI spokesperson citing concerns over regulation and high energy costs. Continue reading…

Discover more from Stayupdated.co.uk

Subscribe to get the latest posts sent to your email.

Author: admin

Americans disgusted at Trump earning $1bn from crypto as president: ‘Obviously a grift’ July 3, 2026
Hundreds of Guardian readers expressed concerns over greed in the White House and a billionaire president unconcerned with high gas and grocery pricesDonald Trump has earned more than $1bn from his crypto businesses since returning to the White House, according to recent financial disclosures.Amid questions of conflict of interest, more than 400 Americans expressed feelings […]
Conflicts of interest? Trump only has one interest: himself | Robert Reich July 2, 2026
The president made $2.2bn last year, with plenty of help from his own political decisions. This is called corruption, folksPeople in the US: share your views on Trump’s earnings in his second termIn financial disclosures released on Tuesday, Trump reported earning more than $1bn last year from his several cryptocurrency ventures.All told – including other […]
Nigel Farage reported to standards watchdog over ‘crypto lobbying’ July 2, 2026
Commissioner asked to investigate Reform UK leader after private meeting with Bank of England governorThe standards watchdog has been urged to investigate whether Nigel Farage lobbied the Bank of England to drop a cryptocurrency plan that could be costly for the billionaire bankrolling his party, potentially in breach of parliamentary rules.The Reform UK leader has […]
Bitcoin firm advertised by Nigel Farage loses 15% of asset value July 2, 2026
Exclusive: Finance experts warn against investing in bitcoin treasury companies after Stack BTC assets plungeA bitcoin company that Nigel Farage has advertised lost more than 15% of its asset value, prompting finance experts to warn investors against those types of firms.The Reform UK leader has invested £215,000 in a bitcoin treasury company named Stack BTC. […]
Why is Nigel Farage being paid so much to promote a gold bullion company? July 2, 2026
Reform UK leader was paid £270,000 for 12 hours’ work – but who is behind Direct Bullion and what does it do?Tell us: have you invested in gold through a specialist bullion company?Despite the demands of being the MP for Clacton and leader of Reform UK, Nigel Farage has found time to develop several alternative […]

OpenAI’s apparent failure to visit key site raises questions over UK investment

Related

Discover more from Stayupdated.co.uk

Crypto News

Leave a Reply Cancel reply

Ai Financial Agent

Recent Posts

Recent Comments

Archives

Categories