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ChatGPT developer OpenAI said energy costs and regulation in the UK were holding back investment.
OpenAI has paused its multibillion-pound Stargate data centre investment in the UK North East.
KEY POINTS
- The decision is due to high energy costs and regulatory uncertainty in the UK.
- Stargate UK was expected to create thousands of jobs and involve partners like Nvidia and Microsoft.
- OpenAI will only proceed when energy prices and regulations support long-term infrastructure investment.
COMPANIES
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