OpenAI shelves Stargate UK in blow to Britain’s AI ambitions

Artificial intelligence company cites high energy costs and regulation for putting landmark project on holdOpenAI 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. Continue reading...