Power Markets
OpenAI and Sur Energy weigh in on $25 billion Argentina datacenter project
OpenAI and Sur Energy signed a letter-of-intent for a datacenter project in Argentina that requires an investment up to $25 billion. The South American nation's Government announced this on Friday. According to a statement from the government, this project will involve a large facility that can support artificial intelligence computing at a scale of up to 500 Megawatts. The project is structured under Argentina's RIGI (Revenue Incentives for Innovation and Growth) tax incentive scheme, which was implemented last year. If completed, it would be one of the biggest technology and energy infrastructure projects in the history of the country. OpenAI...