US EditionOpenAI, SoftBank Invest $1 Billion in SB Energy as Stargate Buildout Expands
OpenAI and SoftBank each invest $500 million to expand a 1.2 GW data center in Texas as part of the $500 billion Stargate AI infrastructure project.
- On Jan. 9, 2026, OpenAI and SoftBank Group announced a $1 billion joint investment in SB Energy, which will build and operate OpenAI's 1.2 gigawatt data center in Milam County, Texas.
- As background, Stargate positions itself as a $500 billion initiative backed by Oracle, building AI data centers amid OpenAI's rising expenses and competition from Alphabet's Google.
- Previous financing shows the build-up as Ares invested $800 million in SB Energy, which recently acquired Studio 151 to enhance data center construction and operations capabilities.
- SB Energy will also become a customer of OpenAI, deploying ChatGPT for employees and creating thousands of construction jobs at its Milam County Data Center, with initial facilities starting service this year.
- Broader industry trends show SoftBank's $40 billion investment and Nvidia share sale highlight tech firms investing in power infrastructure amid AI expansion, with SB Energy positioned accordingly.
24 Articles
24 Articles
Financial Post
datacenterknowledge.comOpenAI, SoftBank Invest $1 Billion in Stargate Partner SB Energy
(Bloomberg) — OpenAI and SoftBank Group Corp. have jointly invested $1 billion in SB Energy, an infrastructure company that’s working with the tech firms on a massive US buildout of data centers to power artificial intelligence.
PR Newswire
OpenAI and SoftBank Group Partner with SB Energy to Build and Operate Next-Generation AI Data Centers to Advance Stargate
/PRNewswire/ -- SB Energy, a SoftBank Group company, announced today a strategic partnership with OpenAI as part of Stargate, marking a significant step...
OpenAI, SoftBank Invest $1B in Renewable Data Centers for AI Stargate
Powering the AI Revolution: OpenAI and SoftBank’s $1 Billion Gamble on Data Center Dominance In the high-stakes world of artificial intelligence, where computational power is the new oil, OpenAI and SoftBank Group Corp. have joined forces in a bold $1 billion investment aimed at supercharging the infrastructure needed for next-generation AI. Announced on January 9, 2026, this partnership injects $500 million each into SB Energy, a SoftBank-backe…
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