Argentina has unveiled a letter of intent with OpenAI and native accomplice Sur Energy to discover a hyperscale artificial-intelligence data-center campus in Patagonia, a proposal that might attain as much as $25 billion in staged funding and as a lot as 500 megawatts of computing capability.
Branded “Stargate Argentina,” the plan would search advantages below the nation’s large-investment regime (RIGI), which provides long-term tax, customs and foreign-exchange stability to draw capital for strategic tasks.
Officials emphasize that is an early-stage dedication, not a ultimate funding determination, and no web site has but been chosen.
Patagonia is below analysis for sensible causes: plentiful wind and hydro assets, house for brand spanking new high-voltage transmission, a cooler local weather that cuts cooling prices, and a number of long-haul fiber routes connecting the Atlantic and Pacific.
The authorities has framed the initiative as a part of “OpenAI for Countries,” a program designed to ship sovereign AI providers with in-country compute and tighter information controls for public businesses and controlled industries.
Industry watchers anticipate a significant cloud operator to hitch the enterprise so the power can promote capability at scale, with OpenAI positioned as an anchor buyer. The timing intersects with Argentina’s monetary agenda.
Stargate Argentina Tests AI Ambition and Energy Capacity
Days earlier than the announcement, Washington unveiled a $20 billion currency-swap framework and initiated direct purchases of pesos to regular markets forward of Argentina’s October 26 legislative elections, easing short-term strain however underscoring the broader problem of financing long-dated infrastructure.
Turning the headline numbers into metal and silicon would require a protracted to-do record: environmental and building permits, power-purchase agreements, grid interconnections, water and cooling options, and bankable undertaking finance.
Reliable, competitively priced electrical energy is the gating issue for hyperscale AI all over the place, and Argentina might want to show it may well ship at scale.
If realized, Stargate Argentina could be considered one of Latin America’s most formidable digital-infrastructure tasks, drawing suppliers, high-skill jobs and exportable AI providers.
For customers throughout the area, native compute would cut back latency and develop entry to superior fashions. The promise is massive, however so are the execution dangers—and people will resolve whether or not Patagonia turns into the Southern Cone’s first true AI megahub.
