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Musk's 'Stargate' Skepticism Vindicated? OpenAI-SoftBank Deadlock Stalls Project, Says Report

TT Editor·Updated: 23 Feb 2026 10:40 pm IST
Read time: 1 min
Musk's 'Stargate' Skepticism Vindicated? OpenAI-SoftBank Deadlock Stalls Project, Says Report

A recent report highlights a significant deadlock regarding the ownership of the Texas campus, which has put the ambitious $500 billion AI project, backed by OpenAI and SoftBank, on hold. This development comes amid growing skepticism from Elon Musk regarding the viability of the initiative, dubbed 'Stargate.' The unresolved issues surrounding the campus's ownership have stalled crucial negotiations, threatening the project's timeline and overall objectives. The collaboration aimed at revolutionizing artificial intelligence has faced various challenges, and this deadlock could further complicate efforts to advance the project. Musk's concerns about the partnership's direction and the potential implications of such a standstill have raised questions about the future of AI development in the tech industry, as stakeholders await a resolution to the ownership dispute that is pivotal for moving forward with the venture.

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