>A Guardian investigation last month [revealed](https://www.theguardian.com/technology/2026/mar/09/revealed-uks-multibillion-ai-drive-is-built-on-phantom-investments) many of these were “phantom investments” and a supercomputer scheduled to go live in 2026 was this March still a scaffolding yard in Essex. That supercomputer was to be built by Nscale, a UK firm that had never built a datacentre before but said it was aiming to deliver the project in 2027. Nscale was also to build key datacentres for Stargate UK.
Sounds entirely on brand for an AI company really. Doubt much of the trumpeted benefits would ever have really been realised, at least in a way that didn’t end up costing us in some other way.
FelisCantabrigiensis on
Remember that (a) Sam Altman lies all the time and (b) most “AI” investments, particularly ones involving OpenAI, turn out to be imaginary and no money ever moves and nothing is ever built.
Smoke, mirrors, and bullshit – all of it.
Regular_Block9876542 on
This seems to happen so often. You get the big announcement with politicians and plenty of hype around huge investment then not even a fraction of what was promised gets delivered.
Deervember on
Good, open Ai and chatGPT are the shittest of all the Ai.
Bubble can’t burst fast enough.
hardy_83 on
So is the skyrocketing cost of storage and ram due to hardware actually being bought, or is it on paper purchases only and the stock is still there and just being fueled by greed?
Foreign_Main1825 on
The Guardian really needs to interview better “experts”. The idea that gamers will be snatching up a £30,000 Blackwell 200 chip is ridiculous.
JackStrawWitchita on
Why doesn’t the UK government partner with EU based Mistral and/or invest in UK AI tech? We need to stop being so dependent on the increasingly autocratic and erratic USA for all things tech.
WastelandOfConfusion on
We don’t need any investments from a filthy man who touched up his younger sister. Sam Altman is disgusting.
MilosEggs on
Open Ai lied about investment and now the lie is over.
9 commenti
>A Guardian investigation last month [revealed](https://www.theguardian.com/technology/2026/mar/09/revealed-uks-multibillion-ai-drive-is-built-on-phantom-investments) many of these were “phantom investments” and a supercomputer scheduled to go live in 2026 was this March still a scaffolding yard in Essex. That supercomputer was to be built by Nscale, a UK firm that had never built a datacentre before but said it was aiming to deliver the project in 2027. Nscale was also to build key datacentres for Stargate UK.
Sounds entirely on brand for an AI company really. Doubt much of the trumpeted benefits would ever have really been realised, at least in a way that didn’t end up costing us in some other way.
Remember that (a) Sam Altman lies all the time and (b) most “AI” investments, particularly ones involving OpenAI, turn out to be imaginary and no money ever moves and nothing is ever built.
Smoke, mirrors, and bullshit – all of it.
This seems to happen so often. You get the big announcement with politicians and plenty of hype around huge investment then not even a fraction of what was promised gets delivered.
Good, open Ai and chatGPT are the shittest of all the Ai.
Bubble can’t burst fast enough.
So is the skyrocketing cost of storage and ram due to hardware actually being bought, or is it on paper purchases only and the stock is still there and just being fueled by greed?
The Guardian really needs to interview better “experts”. The idea that gamers will be snatching up a £30,000 Blackwell 200 chip is ridiculous.
Why doesn’t the UK government partner with EU based Mistral and/or invest in UK AI tech? We need to stop being so dependent on the increasingly autocratic and erratic USA for all things tech.
We don’t need any investments from a filthy man who touched up his younger sister. Sam Altman is disgusting.
Open Ai lied about investment and now the lie is over.