OpenAI's first data center in $500 billion Stargate project opens in Texas
CNBC Television·2025-09-24 19:00

I'm here in Avalene, Texas, the flagship site of OpenAI's Stargate program, a buildout that's quickly spreading across the country. Now, today, OpenAI, Soft Bank, and Oracle announced five more Stargate sites stretching across Texas, New Mexico, Ohio, and then an undisclosed location in the Midwest. That brings the initiative to nearly 7 gawatt of capacity and more than 400 billion dollars of investment over the next three years.These blockbuster deals have already fueled huge gains for AI linked stocks. Bu ...

OpenAI's first data center in $500 billion Stargate project opens in Texas - Reportify