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0.00250191118215307 0.000981652651330905 0.000330113280978527 0.000764472861213497 -0.000972965459726227 0.00378761553964831 0.000330113280978527 -0.000972965459726227
Stock impact report

Iran threatens OpenAI’s Stargate data center in Abu Dhabi [Verge, The]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Company Research Source: Verge, The
Iran's Islamic Revolutionary Guard Corps (IRGC) has published a video threatening OpenAI's planned Abu Dhabi datacenter if the US follows through on threats to attack the country's power plants, as reported earlier by Tom's Hardware . The video, which was published to an Iranian state-backed news outlet's X account on April 3rd, says the IRGC will carry out the “complete and utter annihilation” of US-linked energy and technology companies in the region, before showing an image of OpenAI's $30 billion in-progress Stargate facility in the United Arab Emirates. OpenAI's overarching $500 billion Stargate project includes investments from Oracle, Nvidia, Cisco, and SoftBank. It's not clear how much of the Abu Dhabi datacenter is actually finished, as an October 2025 update showed the beginnings of the facilities that will contain 16 gigawatts of compute power. The update said construction was “well underway” and would meet its target of deploying 200 megawatts in 2026. OpenAI didn't Show less Read more
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