OpenAI Announces $25 Billion “Stargate Argentina” Data Center Initiative in Partnership with Sur Energy

OpenAI is making headlines with its groundbreaking $25 billion investment in Argentina, marking a significant milestone in Latin American technology history. The initiative, named “Stargate Argentina,” will feature a state-of-the-art data center with a capacity of 500 megawatts, designed to support advanced AI computing. Partnering with Sur Energy, a leader in renewable energy, the project aims to incorporate sustainable practices while aligning with Argentina’s Régimen de Incentivo para Grandes Inversiones (RIGI) tax incentive program to attract global tech investments. OpenAI CEO Sam Altman emphasizes the venture as a crucial step in the company’s international expansion strategy, aimed at leveraging Latin America’s talent pool. With over 800 million weekly ChatGPT users and rising demand for generative AI, this project could reshape Argentina’s technological landscape, fostering job creation and positioning the country as a regional hub for AI innovation. The collaboration represents a new chapter for both entities in the digital economy.

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