Nvidia Is About to Shock the World: July 23rd

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

OpenAI And SoftBank's Stargate Considers Major UK Investment To Fuel AI Growth

Anusuya Lahiri
April 17, 2025

Stargate is considering a future investment in the U.K. to build the global infrastructure needed to support advanced artificial intelligence models.

Sir Keir Starmer’s government recently announced plans to boost investment in its growing AI industry, including developers’ access to energy, the Financial Times reported, citing unnamed sources familiar with the matter.

The OpenAI and SoftBank (OTC:SFTBF) (OTC:SFTBY)- backed AI infrastructure joint venture is raising $100 billion to invest in AI infrastructure projects.

Also Read: SoftBank To Build $676 Million AI Data Center In Japan, Linked To OpenAI Partnership

The figure could reach $500 billion over the next four years. Nvidia Corp (NASDAQ:NVDA) will supply 64,000 AI chips for the Stargate data center in Texas. OpenAI tapped Oracle Corp (NYSE:ORCL) to supervise the supercomputer being built in the Abilene data center.

Investment in the U.K. has been considered part of a future international expansion despite the focus on the U.S.

U.K.’s plans to boost data centers’ access to electricity have stimulated the project’s interest, the Financial Times reported, citing unnamed sources familiar with the matter. 

OpenAI said the U.K. was one of its key overseas markets.

Lately, OpenAI has been lobbying European governments to relax regulations and invest in data center infrastructure.

Last Wednesday, the European Commission announced its plan to invest more in AI data centers, including regulatory relaxations.

However, the project’s ambition remains vulnerable to President Donald Trump’s new tariff policies.

Trump’s 145% tariff on China alone could translate into over $11 billion surge in annual costs for U.S. data centre developers, Financial Times cited Altana.

Read Next:

  • SoftBank’s Role in $500 Billion Stargate AI Venture Seen as Major Growth Driver, Analyst Says

Photo by AKOBCHUK via Shuttesrtock

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