reuters.com
OpenAI Doubles Down: Bigger Stargate, Bigger Risks
Under mounting pressure to support surging AI demand, OpenAI is broadening the scope of its ambitious “Stargate” infrastructure project and exploring debt financing to fund its chip needs. What began as a standalone joint venture has morphed into an umbrella effort spanning AI chips, data centers, and internal compute efforts. Executives say they’re close to securing 7 gigawatts toward a 10 GW target and plan to lease rather than own chips—potentially cutting costs by 10–15 %. The move signals urgency but raises investor concerns over leverage and execution risk in an increasingly capital-intensive field.
