Overview
- OpenAI and Sur Energy announced “Stargate Argentina” after a meeting with President Javier Milei, outlining a large‑scale AI compute campus planned for Patagonia.
- Projected investment totals roughly $20–25 billion, with an initial tranche of $7–10 billion and a design that relies primarily on renewable energy.
- Construction is targeted to begin in 2026, with an initial phase of about 100 MW expected online by late 2027 before scaling toward full capacity.
- Sur Energy would lead financing and development alongside a cloud infrastructure partner, while OpenAI commits to purchase the facility’s compute output.
- Final site selection in Patagonia, entry into Argentina’s RIGI incentive regime, and environmental and regulatory approvals remain pending, and the project would be OpenAI’s first Stargate node in Latin America.