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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.
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.
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.
The project, expected to begin operations in 2026, aims to create thousands of jobs, feature water-efficient design, and include new energy generation.
SB Energy also acquired Studio 151 and secured $800 million in preferred equity from Ares to expand its capabilities.
The partnership combines OpenAI’s AI expertise with SB Energy’s rapid construction and energy delivery experience to scale purpose-built data centers.
OpenAI y SoftBank invirtieron cada uno 500 millones de dólares en SB Energy para construir un centro de datos de IA de 1.2 GW en Texas, parte de un proyecto de infraestructura de 500 mil millones de dólares.