$500B AI Megaproject “Stargate” From OpenAI & SoftBank… Still Hasn’t Built a Single Data Center

[AIcash]

So, remember that massive, headline-grabbing plan announced back in January 2025 — the one where OpenAI, SoftBank, and Oracle were supposed to drop up to $500 billion into U.S.-based hyperscale data centers?

Yeah... six months later, nothing’s been built.
That’s according to The Wall Street Journal, which reports the Stargate project is basically stuck in limbo — bogged down by disagreements and unclear direction.
🧱 What Was Promised?

Announced by President Donald Trump at a high-profile press event featuring:

    OpenAI’s Sam Altman

    SoftBank’s Masayoshi Son

    Oracle’s Larry Ellison

Goal: Build ten AI-focused data centers, starting in Texas

Train next-gen AI models in American-built, hyperscale facilities

Trump even promised executive orders if needed to speed it up

Fast-forward to today:

The new target is reportedly just one small data center in Ohio by end of 2025 😬

What’s the Holdup?

According to WSJ sources:

OpenAI and SoftBank can’t even agree on where to build

They’re butting heads over key partnership terms

OpenAI is now moving forward with Oracle independently — committing to pay $30B/year for three years for new centers without SoftBank involved

Oracle claims this is still part of “Stargate,” but… that sounds more like rebranding the split than real unity.

Meanwhile, both companies continue saying everything is going "great" and "hyperscale." But insiders are saying otherwise.
TL;DR:

$500B AI data center dream is hitting serious roadblocks

OpenAI + SoftBank can’t align on location or structure

Oracle deal moves ahead — but seemingly without SoftBank

Goal quietly shrunk from 10 megacenters to 1 small facility in Ohio

PR says “all good” — sources say “not even close”

So... What Happened?

Did the hype outrun reality? Is this just the normal pace of megaprojects? Or are we watching a billion-dollar partnership quietly fall apart in slow motion?

Anyone here tracking Stargate or the OpenAI–Oracle deal? Curious how this will affect AI compute availability in the next few years.

Drop your thoughts below