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Stock impact report

Iran threatens ‘Stargate' AI data centers [TechCrunch]

SOFTBANK GRP UNSP/ADR (SFTBY) 
NASDAQ:AMEX Investor Relations: softbank.jp/en/corp/irinfo/presentations
Company Research Source: TechCrunch
Iran's military said that if the U.S. went ahead with its threats to hit its civilian infrastructure, the country would retaliate with its own strikes against U.S.' energy and tech infrastructure in the region, according to a video released late last week and shared widely on Sunday of Iranian military spokesperson Ebrahim Zolfaghari. The video released by Iran shows an image of a globe, then zooming in on the Stargate data center in the United Arab Emirates with the message of “nothing stays hidden to our sight, though hidden by Google.” Stargate is a $500 billion joint venture between OpenAI, SoftBank and Oracle to build AI data centers, announced in January 2025. The initiative originally struggled to get off the ground due to alleged funding troubles and costs associated with tariffs , and sought to expand with new data centers internationally. The latest threat comes after U.S. President Trump threatened to strike Iran's civilian infrastructure, like power plants and water Show less Read more
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