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OpenAI and Sur Energy have signed a letter of intent for a data center project in Argentina requiring an investment of up to $25 billion, the South American nation’s government said on Friday.
The project would involve a large-scale facility with a capacity of up to 500 megawatts to support advanced artificial intelligence computing, according to a government statement. Structured under Argentina’s RIGI tax break scheme which went into effect last year, the project, if completed, would be “one of the largest technology and energy infrastructure…
