OpenAI and SoftBank Invest $1B in SB Energy for Stargate Data Centers
Partnership to build 1.2GW renewable-powered AI data center in Texas as part of the $500 billion Stargate initiative.
OpenAI and SoftBank Group announced a strategic partnership with SB Energy on January 9, investing a combined $1 billion to build next-generation AI data centers as part of the Stargate initiative.
Investment Details
OpenAI and SoftBank are each investing $500 million into SB Energy. The investment builds on the $500 billion Stargate commitment announced at the White House, which aims to deploy 10 GW of computing capacity paired with renewable energy.
Data Center Plans
As part of the agreement, SB Energy will build and operate OpenAI's 1.2 gigawatt data center site in Milam County, Texas. The facility is designed to minimize water usage, with plans to build new generation to support energy needs while protecting Texas ratepayers.
Renewable Energy Integration
SB Energy operates more than 3 GW of solar capacity in the United States and maintains a development pipeline exceeding 15 GW of solar and 12 GWh of energy storage. The partners plan to construct utility-scale solar power and integrated storage to support the Milam County site.
SB Energy, backed by SoftBank, has expanded from renewable energy development into owning and operating data centers, positioning itself as a key infrastructure partner for the AI industry's growing power demands.
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