OpenAI pulls out of landmark £31bn UK investment
Artificial intelligence company cites high energy costs and regulation as reasons for putting Stargate project on hold OpenAI has put plans for a landmark project to strengthen the UK’s AI capabilities on hold, citing high energy costs and regulation. Stargate UK was a part of the landmark 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. Conti
Artificial intelligence company says regulation also reason behind putting landmark project on hold
Business live – latest updates
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.
Coverage from 5 sources
- OpenAI pulls out of landmark £31bn UK investmentGuardian - World · Aisha Down · Apr 9, 2026, 12:39 PM
- OpenAI pulls out of landmark £31bn UK investment packageGuardian - World · Aisha Down · Apr 9, 2026, 2:20 PM
- OpenAI shelves landmark £31bn UK investment packageGuardian - World · Aisha Down · Apr 9, 2026, 2:20 PM
- OpenAI shelves Stargate UK investment citing high energy costsGuardian - World · Aisha Down and Alexandra Topping · Apr 9, 2026, 5:07 PM
Coverage by lean
- Unknown5
Comments
Sign in to join the discussion.
Sign in with SpryLogin