OpenAI, Sur Energy weigh $25 billion Argentina data center project

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AdvertisementAdvertisementBusinessOpenAI logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration11 Oct 2025 12:08AM (Updated: 11 Oct 2025 12:27AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInRead a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST BUENOS AIRES :OpenAI and Sur Energy have signed a letter of intent for a data center project in Argentina requiring an investment of up to $25 billion, the nation's government said on Friday.The project would involve a large-scale facility with a capacity of up to 500 megawatts to support advanced artificial intelligence computing, according to a government statement.Structured under Argentina's RIGI tax break scheme which went into effect last year, the project, if completed, would be "one of the largest technology and energy infrastructure initiatives," in the country's history, the statement said.Source: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST