OpenAI to Invest up to $25bn in Argentina Under Milei Incentive Scheme
17 Articles
17 Articles
The giant behind ChatGPT explores the creation of a pioneering data center in the region. It is defined as a technological decision, but above all geopolitical, that occurs within the framework of the relationship between the US and Argentina. It would apply to RIGI
OpenAI’s $25 Billion Patagonia Bet Positions Argentina as a Latin American A.I. Hub
Argentina has unveiled a letter of intent with OpenAI and local partner Sur Energy to explore a hyperscale artificial-intelligence data-center campus in Patagonia, a proposal that could reach up to $25 billion in staged investment and as much as 500 megawatts of computing capacity. Branded “Stargate Argentina,” the plan would seek benefits under the country’s […]


OpenAI is eying a $25 billion data center project in Argentina
Sam Altman, CEO OpenAI, photographed in BerlinIMAGO/BMF via Reuters ConnectOpenAI's flurry of dealmaking for AI compute continues, with the company eying a huge project in Argentina. OpenAI and Sur Energy are teaming up for a large-scale facility with 500 megawatts of capacity. According to Argentina's government, the project will require a $25 billion investment.OpenAI's flurry of dealmaking continues. On Friday, Argentina's government announce…
OpenAI, the company that created the popular ChatGPT, officially confirmed its intention to invest in Argentina to develop a large-scale data center, a pioneering project in Latin America called "Stargate Argentina." However, in its statement, the US company avoided giving figures on the amount of investment, generating a contrast with the announcement of the President's Office, which spoke of up to $25 billion. The initiative was formalized fol…
A few days after the legislative elections, the IA of OpenAI itself evaluated that the announcement of the alleged datacenter in Patagonia for USD 25 billion is “a declaration of loyalty” to the government and not a real investment. It pointed out figures “ridicles”, lack of connectivity and lack of political guarantees.
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