SoftBank Group (SFTBY) just admitted its $500 Billion Stargate AI tie-up with OpenAI is moving at a glacial pace.On the earnings call, CFO Yoshimitsu Goto owned up to the holdup: more than six months after the January launch,

SoftBank Group ( OTCPK:SFTBY) ( OTCPK:SFTBF) said it is taking longer than expected to get the Stargate project off the ground, acknowledging for the first time that the $500B AI collaboration in the U.S. with OpenAI is slowing down,

SoftBank Group Corp. said it’s taking longer than anticipated to get Stargate off the ground, conceding for the first time that the $500 billion artificial intelligence tie-up in the US with OpenAI is bogging down.