Trump’s Huge AI Project Is Running Into a Major Financial Problem
Joe Wilkins
created: Jan. 24, 2026, 4:15 p.m. | updated: Feb. 3, 2026, 4:15 p.m.
It’s 2026, and tech companies continue to insist they need to spend staggering amounts of money on AI data centers.
According to new reporting by Business Insider, JPMorgan Chase is running into trouble finding investors interested in servicing billions in debt backing two of the first five Stargate data centers.
Stargate is Donald Trump’s $500 billion AI project led by tech companies Oracle and OpenAI.
In other words, Stargate may soon be seen as so risky that the financial situation behind its data centers becomes unsustainable.
“The market has indicated this is not investment-grade debt.”More on data centers: AI Data Centers Are an Even Bigger Disaster Than Previously Thought
2 weeks, 4 days ago: Futurism