OpenAI shelves Stargate UK in blow to Britain’s AI ambitions

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Artificial intelligence company cites high energy costs and regulation for putting landmark project on hold

OpenAI has put on hold plans for a landmark UK investment citing high energy costs and regulation, in a blow to the government which has put AI at the centre of its growth strategy.

Stargate UK was a part of the UK-US AI deal announced last September, in which US companies appeared to commit £31bn to the UK’s tech sector, part of a larger series of investments intended to “mainline AI” into the British economy.

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