The Details: Despite a splashy debut that included vows of investing $100 billion "immediately," Stargate has yet to secure a single major data center deal. 

Instead, the project is now focused on building a much smaller facility in Ohio by year's end, as partners struggle to agree on crucial terms, according to the Wall Street Journal. 

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At the heart of the slowdown are differences between OpenAI and SoftBank regarding the partnership's structure and implementation, which have prevented the new entity from making significant advances. 

Although both companies committed billions and shared leadership responsibilities — SoftBank's Masayoshi Son overseeing finances and OpenAI's Sam Altman managing operations — persistent disputes over control and strategy have left Stargate's momentum waning.

SoftBank, undeterred by setbacks, remains optimistic about OpenAI and is reportedly interested in further investment despite Stargate's rocky start. 

While leaders from both companies publicly maintain that their partnership is strong, the reality is that slow progress and internal disagreements have dampened early expectations. 

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