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 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.

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,