Core Insights - The "Stargate" AI infrastructure project in the U.S. is facing significant delays and has scaled back its initial ambitious goals, with no major data center deals finalized yet [1][2] - OpenAI and SoftBank had initially committed to invest $18 billion each to kickstart the project, but SoftBank has not participated in any recent announcements regarding large data center plans by OpenAI [1][2] - The project aims to build large AI data centers across the U.S. with participation from major tech companies like OpenAI, SoftBank, Microsoft, NVIDIA, Oracle, and ARM [1][4] Project Developments - The project's recent target has been significantly reduced to completing a small AI data center in Ohio by the end of this year, a stark contrast to the original plan announced in January [2][4] - OpenAI is now independently seeking substantial AI computing resources without waiting for SoftBank's financial support, opting to rent a large AI data center capacity from Oracle [2][3] - CoreWeave, recognized as a leading AI cloud computing provider, is also involved in providing AI computing resources, indicating a shift in the project's execution strategy [3] Financial Commitments - In January, the project was announced with a potential investment of up to $500 billion by 2029, with initial commitments of $100 billion and a plan to rent the infrastructure to OpenAI [4] - The initial investors included SoftBank, OpenAI, Oracle, and the Abu Dhabi sovereign wealth fund, with SoftBank responsible for financial arrangements and OpenAI for project operations [4] - The project was initially hailed as a transformative initiative, likened to a "new Manhattan Project," with U.S. government support promised for necessary resources [4]