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OpenAI to Invest up to $25bn in Argentina Under Milei Incentive Scheme

Summary by intellinews.com
Artificial intelligence giant OpenAI and energy company Sur Energy have signed a letter of intent to develop a data centre hub in Argentina requiring investment of up to $25bn.

17 Articles

Lean Left

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

·Buenos Aires, Argentina
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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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Business Insider broke the news in United States on Monday, October 13, 2025.
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