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flag OpenAI and SoftBank each invested $500 million in SB Energy to build a 1.2 GW AI data center in Texas, part of a $500 billion infrastructure project.

flag OpenAI and SoftBank each invested $500 million in SB Energy, a SoftBank subsidiary, to advance the Stargate initiative, a $500 billion U.S. infrastructure project. flag The funds will support building a 1.2 GW AI data center in Milam County, Texas, for OpenAI, with SB Energy handling construction and operations. flag The project, expected to begin operations in 2026, aims to create thousands of jobs, feature water-efficient design, and include new energy generation. flag SB Energy also acquired Studio 151 and secured $800 million in preferred equity from Ares to expand its capabilities. flag The partnership combines OpenAI’s AI expertise with SB Energy’s rapid construction and energy delivery experience to scale purpose-built data centers.

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