Gargantuan Silicon Valley tech firm OpenAI has paused a major UK infrastructure project. Blaming energy costs and regulations…
Stargate is being paused:
“We see huge potential for the UK‘s AI future… AI compute is foundational to that goal — we continue to explore Stargate UK and will move forward when the right conditions such as regulation and the cost of energy enable long-term infrastructure investment.”
The project was announced in September when Trump visited the UK. Disaster for Miliband and Labour…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”