OpenAI and SoftBank each invest $500 million to support SB Energy in building data centers

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PANews January 10 News, according to Yicai, OpenAI and SoftBank Group jointly invested $1 billion in SB Energy, an infrastructure company that is collaborating with these two tech companies to build data centers at scale in the United States to support artificial intelligence. OpenAI and SoftBank stated in a joint statement on Friday that each company will invest $500 million in SB Energy to support the energy company’s development as a data center developer and operator. OpenAI also announced that it has selected SB Energy to build and operate its 1.2 gigawatt data center in Milam County, Texas. 1 gigawatt of power is enough to supply approximately 750,000 American households simultaneously. SB Energy’s partnership is built on OpenAI’s “Stargate Project.”

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ABigHeartvip
· 14h ago
OpenAI and SoftBank Group jointly invest $1 billion in SB Energy to support its data center construction in the United States and enhance artificial intelligence infrastructure. Each company invests $500 million, and SB Energy will build a 1.2 GW data center in Texas.
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