President Trump announced on Wednesday the 'Stargate' initiative, focused on expanding artificial intelligence (AI) infrastructure in the US. Stargate is currently backed by SoftBank (SFTBY), Oracle (ORCL),

Stargate: Analysts have noted that Microsoft has become less willing to spend even more money financing the computing power OpenAI requires to retain a lead in AI.

Microsoft’s absence from OpenAI’s Stargate announcement follows months of tension between the companies and signals a new era in which the longtime partners will be less reliant on each other. At a White House press conference,