OpenAI, SoftBank Invest $1B in SB Energy's 1.2 GW Stargate Data Center
OpenAI and SoftBank have each invested $500 million in SB Energy to develop a 1.2 GW data center in Texas under the Stargate program, part of a broader $5 trillion initiative to scale AI infrastructure. The deal brings major technology and capital backing to a single U.S. site, signaling confidence in concentrated, high-density compute hubs designed to serve advanced AI workloads.
The move matters because it accelerates deployment of large-scale compute capacity and may reshape demand for power, networking and specialized cooling in regional markets. For crypto and token-watchers, the transaction could increase attention on STG-related assets and future financing rounds tied to the Stargate ecosystem. Timing, operational details and regulatory factors will determine how quickly the project translates into usable AI capacity and market effects.