‍OpenAI and SoftBank Invest $1 Billion in US Data Centers
OpenAI and SoftBank Group Corp. are jointly investing $1 billion in SB Energy, an infrastructure firm focused on developing large-scale data centers. This capital injection aims to support the growing power and hardware demands of Artificial Intelligence (AI) initiatives in the United States.
The collaboration includes SB Energy constructing and managing a 1.2 GW data center in Milam County, Texas, for OpenAI's "Stargate" initiative. This facility will provide the substantial electrical capacity required for advanced AI models. The project underscores the trend of energy-intensive computing, similar to that seen in cryptocurrency mining.