Sam Altman scales back OpenAI's data center ambitions as Wall Street pressures IPO spending.

At BlackRock’s U. S. Infrastructure Summit, Sam Altman issued a major warning: OpenAI’s massive data center projects are hitting serious obstacles. The company is now pulling back from its own costly construction plans and will instead lean heavily on cloud partners to keep its upcoming IPO on track. The setbacks highlight the extreme difficulty of scaling AI infrastructure: Infrastructure Failures: Altman revealed that a severe weather event recently knocked out the flagship campus in Abilene, Texas, a site shared with Oracle and SoftBank’s Stargate project.