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OpenAI has halted its ambitious Stargate AI project in the United Kingdom. High energy prices and regulatory uncertainties are cited as reasons for the pause. The company sees potential in the UK's AI future but needs favorable conditions for investment. This decision impacts Prime Minister Keir Starmer's plans to boost AI development in Britain.

Iran's Revolutionary Guard has issued a chilling video threat to bomb the massive Stargate AI data center in Abu Dhabi, a $30 billion project backed by US tech giants like Nvidia and OpenAI. This move signals a potential shift towards targeting high-value Western tech assets in the Gulf amidst escalating regional tensions, highlighting the growing vulnerability of digital infrastructure.

Elon Musk has dismissed a Bloomberg report suggesting SpaceX is targeting a valuation exceeding $2 trillion for its potential IPO. The article notes SpaceX's confidential IPO filing with the SEC, with a potential June listing. This move would position SpaceX among the largest public offerings in history, despite Musk's denial of the reported valuation.

Iran's Revolutionary Guard claimed an attack on an Oracle data center in Dubai. Dubai's government has strongly denied this, calling it fake news. This follows a similar claim by the IRGC targeting an Amazon cloud center in Bahrain. The IRGC had previously warned US tech firms in the Middle East about potential attacks.

Intel has responded to threats from Iran's Islamic Revolutionary Guard Corps (IRGC) against 18 US firms operating in the Middle East. The IRGC declared these companies legitimate targets following US and Israeli strikes on Iranian soil. Intel stated it is prioritizing the safety of its employees and facilities in the region.

Iran's Revolutionary Guard Corps (IRGC) claims it struck an Oracle data center in Dubai, following threats against US tech firms. This follows a reported attack on an Amazon cloud center in Bahrain. The IRGC warned employees of 18 US companies, including Microsoft and Google, to evacuate facilities, citing retaliation for attacks in Iran.

Tensions escalate in the Middle East as Iran's IRGC targets major American tech firms. Companies like Meta, Google, and Apple are warned of attacks. The IRGC claims these firms are responsible for high-tech warfare. Employees and nearby residents are urged to evacuate facilities. This action follows alleged Israeli strikes supported by US intelligence.

OpenAI leaders are praising the current administration for its support of artificial intelligence infrastructure. Sam Altman and Brad Lightcap have lauded the government's pro-business approach. However, the company faces challenges with memory chip shortages and energy supply constraints. OpenAI is investing heavily in chips and data centers, exploring solutions like nuclear power.

Nvidia's upcoming GTC conference will reveal CEO Jensen Huang's AI hardware, software, and partnership plans. Investors anticipate new inference chips, updates on next-gen infrastructure like Rubin and Feynman, and insights into agentic AI and robotics. Geopolitical factors and export controls are also expected to shape Nvidia's global strategy.

The European Union is expanding its AI industry scrutiny, with officials warning US chipmakers like Nvidia and AMD. Regulators are examining the entire AI stack, from underlying models and data to cloud infrastructure, due to concerns about market dominance. Nvidia's significant market share in GPUs is a particular focus, potentially leading to antitrust investigations and hefty fines.

Iran has reportedly targeted Amazon data centers in the Middle East, signaling a shift in war objectives towards critical digital infrastructure. Alex Karp, CEO of Palantir, highlights that AI is a key American advantage, while Iran identifies Big Tech companies as potential targets, viewing their data centers as "enemy technology infrastructure."

Amidst escalating Middle East tensions, Iran's state media has identified major US tech firms like Microsoft, Nvidia, and IBM as potential targets. This warning follows an incident where Amazon's UAE data center was struck, causing a fire. The move signals a potential expansion of conflict into cyber and infrastructure warfare, with facilities in Israel, Dubai, and Abu Dhabi named.

Iran has warned US tech companies that their offices and infrastructure could become targets as regional conflict escalates. The IRGC-affiliated Tasnim News Agency published a list of locations, including cloud services from Google and Microsoft, allegedly used for military purposes. Iran also threatened to target economic centers and banks linked to US and Israeli entities

Said May Delay China Summit, Warned Nato Of ‘Bad’ Future If It Doesn’t Assist

SoftBank's massive "all-in" bet on OpenAI, backed by aggressive divestments including Nvidia, is reportedly causing significant financial strain. The Japanese tech giant's shares have plummeted, its credit outlook downgraded, and it's seeking bridge loans. This AI investment is also impacting partners like Oracle, whose stock has tumbled amid concerns over data center costs and reliance on OpenAI.

nvidia corp Chief Executive Jensen Huang is expected on Tuesday to disclose new artificial intelligence chips and technologies at the company's annual conference for software developers.

Nvidia's shares rose about 25% last week sparking a rally in AI-related stocks and boosted other chipmakers, helping the Philadelphia SE Semiconductor index close on Friday at its highest in over a year.

nvidia corp became the first chipmaker to join the trillion-dollar club after breaching the $1tn market capitalisation mark. The gaming and AI chip company’s shares rose by 4.2% to cement the landmark.