OpenAI, Sur Energy weigh $25B Argentina data center project (www.reuters.com)

OpenAI and Argentine firm Sur Energy have signed a non‑binding letter of intent to develop a massive data center project in Argentina that could attract up to $25 billion in investment. Structured under Argentina’s RIGI tax‑break regime, the planned facility would provide up to 500 megawatts of power dedicated to advanced AI computing—positioning it as one of the largest technology and energy infrastructure initiatives in the country if it proceeds to completion. Technically and strategically, a 500 MW AI campus signals capacity for hyperscale training and inference workloads (large GPU/accelerator farms, dense cooling and power delivery systems) and would make Argentina a notable node for AI compute outside traditional U.S./China hubs. The project raises implications for grid upgrades, new power generation or dedicated renewable capacity, data‑sovereignty and latency advantages for Latin America, and supply‑chain and workforce development. Because the agreement is an LOI, key details—timing, exact architecture, energy sourcing and environmental impacts—remain unresolved, but the scale and tax incentives alone could reshape regional AI infrastructure and investment flows.