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OpenAI, SoftBank Pour $1B Into AI Data Centers
10 Jan
Summary
- OpenAI and SoftBank invested $1 billion in SB Energy.
- The investment supports SB Energy's data center infrastructure buildout.
- OpenAI selected SB Energy for a 1.2 GW Texas data center.
OpenAI and SoftBank Group Corp. have announced a substantial $1 billion joint investment in SB Energy, an infrastructure company. This capital infusion is intended to accelerate SB Energy's expansion as a developer and operator of data centers, which are essential for powering the rapid advancements in artificial intelligence.
The partnership specifically designates SB Energy to build and operate OpenAI's new 1.2 gigawatt data center in Milam County, Texas. This facility alone is capable of powering approximately 750,000 U.S. homes, underscoring the immense energy requirements for AI infrastructure.
This initiative is part of OpenAI's broader "Stargate" project, a four-year plan with partners like SoftBank and Oracle Corp. to invest $500 billion in U.S. data centers and AI infrastructure. The move by OpenAI and SoftBank also reflects a wider trend of tech giants securing energy sources to meet their AI ambitions.
