Finance
OpenAI's $500 billion Stargate venture weighs future UK investment, FT reports
Published by Global Banking & Finance Review®
Posted on April 17, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 17, 2025
2 min readLast updated: January 24, 2026
OpenAI's $500B Stargate project considers UK investment for AI infrastructure, with support from PM Starmer to boost AI innovation.
(Reuters) -Stargate, the $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the UK as it explores overseas locations to build out AI infrastructure, the Financial Times reported on Thursday.
British Prime Minister Keir Starmer has promised to take a pro-innovation approach to regulation, make public data available to researchers and create zones for data centres as he strives to make the UK an artificial intelligence "superpower".
These efforts to boost data centres' access to electricity have attracted the project's interest along with Germany and France, which have also emerged as attractive candidates, the report said, citing people familiar with the matter.
OpenAI, Oracle and SoftBank did not immediately respond to Reuters requests for comments.
OpenAI CEO Sam Altman in February signaled willingness to bring a Stargate-like AI program to Europe, saying his company would "love" to do a Stargate Europe.
OpenAI has expanded to the European continent in recent years, announcing offices in London, Paris, Brussels and Munich.
U.S. President Donald Trump unveiled the Stargate project in January as a private sector investment aimed to fund infrastructure for artificial intelligence, aiming to outpace rival nations in the business.
Investor enthusiasm for the artificial intelligence sector has surged significantly in recent years, driven by the widespread adoption of chatbots and the emergence of sophisticated AI agents.
(Reporting by Kritika Singh in Bengaluru)
The main topic is OpenAI's consideration of the UK for its $500 billion Stargate AI infrastructure project.
The UK is being considered due to PM Starmer's pro-innovation approach and efforts to boost AI infrastructure.
The key players in the Stargate project are OpenAI, SoftBank, and Oracle.
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