OpenAI and Argentina-based Sur Energy have signed a letter of intent to develop a massive data center project in Argentina worth up to $25 billion, according to the country’s government. The proposed facility would have a capacity of up to 500 megawatts, making it one of the largest AI computing centers in South America.
The project will be structured under Argentina’s RIGI tax incentive program, introduced last year to attract large-scale investments in energy and technology. If completed, officials said, it would become “one of the largest technology and energy infrastructure initiatives in Argentina’s history.”
OpenAI CEO Sam Altman confirmed the plans on social media, announcing “Stargate Argentina,” the company’s first Latin American infrastructure project. “Latin America is full of talent, creativity, and ambition,” Altman said, adding that the collaboration with Sur Energy marks a major expansion of OpenAI’s global data network.
The announcement comes as OpenAI continues to deepen its partnerships with global companies following its developer conference earlier this week, where it revealed new collaborations with Spotify, Zillow, and Mattel, alongside new tools for app developers.