SoftBank Group and OpenAI are making a major wager on the way forward for AI infrastructure, committing a mixed $1bn funding into SB Power as they accomplice to develop next-generation AI knowledge centres within the US.
The transfer comes as a part of the Stargate Venture introduced in January 2025.
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This direct capital infusion is designed to speed up the enlargement of information centre and vitality infrastructure to satisfy surging demand for superior AI computing energy—a sector more and more seen as foundational to future financial development.
The funding builds upon a much wider, beforehand pledged $500bn dedication made public on the White Home earlier this yr.
OpenAI has chosen SB Power to assemble and handle its 1.2GW knowledge centre in Milam County, Texas, which was beforehand introduced.
The positioning will function a central part of OpenAI’s infrastructure enlargement plans.
Along with offering devoted amenities for OpenAI, SB Power is creating a number of multi-gigawatt knowledge centre campuses throughout the area.
Development on these preliminary websites has commenced, with service dates anticipated from 2026 onwards.
The construction of the partnership includes a non-exclusive most well-liked settlement amongst OpenAI, SoftBank Group, and SB Power to create a brand new mannequin for knowledge centre development.
This mannequin integrates OpenAI’s design specs for first-party knowledge centres with SB Power’s expertise in venture execution and built-in vitality provide to ascertain scalable infrastructure able to supporting large-scale AI operations.
OpenAI co-founder and president Greg Brockman stated: “Partnering with SB Power brings collectively their energy in knowledge centre infrastructure, and vitality improvement and OpenAI’s deep area experience in knowledge centre engineering.
“The result’s a quick, dependable solution to scale compute via giant, extremely optimised AI knowledge centres.”
SB Power’s Milam County venture is forecasted to generate important employment within the space in the course of the development section.
The corporate states that it has designed the ability with measures supposed to cut back water utilization and plans so as to add new producing capability devoted to powering the positioning.
This method seeks to deal with each operational wants and native grid stability.
To help its rising portfolio of information centres, SB Power just lately accomplished the acquisition of Studio 151, an organization specialising in development administration, procurement, engineering, and operations throughout greater than 20 earlier knowledge centre campuses.
The acquisition is meant to strengthen SB Power’s means to supervise advanced initiatives internally as demand for knowledge processing continues to rise.
SB Power co-CEO Wealthy Hossfeld stated: “SB Power’s strategic partnership with OpenAI accelerates our supply of superior AI knowledge centre campuses and related vitality infrastructure on the scale required to advance Stargate and safe America’s AI future.”
Earlier funding rounds have additionally contributed capital to help SB Power’s development trajectory.
In 2025, Ares Infrastructure Alternatives funds invested $800m in redeemable most well-liked fairness, marking their third financing spherical with SB Power since 2020.
As a part of this expanded relationship, SB Power will undertake OpenAI merchandise internally by integrating APIs and deploying instruments similar to ChatGPT for worker use.
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