PALLADIUM Magazine(@palladiummag):The Stargate Consortium, an OpenAI-Oracle-SoftBank joint venture, has managed to mobilize massive amounts of capital for datacenter buildouts. But the issues with the Abilene site are emblematic of a larger problem in this slapdash model of AI financing.

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PALLADIUM Magazine@palladiummag

2026.07.20 20:04

The Stargate Consortium, an OpenAI-Oracle-SoftBank joint venture, has managed to mobilize massive amounts of capital for datacenter buildouts. But the issues with the Abilene site are emblematic of a larger problem in this slapdash model of AI financing.