OpenAI, SoftBank, Oracle venture Stargate eyes Texas for new data center locations - Bloomberg

EditorLuke Juricic
Published 02/07/2025, 12:52 AM
© Reuters.

Investing.com -- A joint venture between OpenAI, SoftBank (TYO:9984) Group Corp., and Oracle Corp (NYSE:ORCL). is nearing the final stages of selecting additional locations in Texas for data center campuses, according to Bloomberg News. The move is part of a wider plan by the companies to invest heavily in AI infrastructure.

OpenAI is advancing in its process of identifying several sites in Texas for large-scale data center projects. These projects aim to support artificial intelligence services, according to a spokesperson from the company. This follows the breaking of ground on its first site in the small Texas city of Abilene.

Chris Lehane, OpenAI’s vice president of global affairs, stated that Texas would serve as "the flagship" for the new infrastructure venture.

In parallel, the maker of ChatGPT is also considering other potential locations in 13 more states. Teams from OpenAI and SoftBank have visited sites in Pennsylvania, Wisconsin, and Oregon this week. The data center projects are each projected to have around 1 gigawatt of capacity, which is approximately the output of a nuclear reactor. However, the spokesperson clarified that these details have not been finalized yet.

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