OpenAI Plans to Invest $25 Billion in Argentina to Launch Latin America's First 'Stargate' Project

According to a report by Jinse Finance, OpenAI has signed a letter of intent with energy company Sur Energy to build a data center hub in Argentina, with an investment amount of up to $25 billion. This will become one of the largest technological infrastructure projects in the country's history. OpenAI CEO Sam Altman stated: 'We will collaborate with one of Argentina's leading energy companies, Sur Energy, to launch the exciting new infrastructure project, "Stargate Argentina."' He described the project as 'one of the largest energy technology and infrastructure initiatives in Argentina's history.' The 'Stargate Argentina' project will establish a large-scale facility capable of supporting next-generation AI computing, with an energy capacity of up to 500 megawatts.