OpenAI's biggest data center secures $11.6 billion in funding, WSJ reports


The OpenAI logo, a keyboard, and robot hands are seen in this illustration taken January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -A data center in Texas that startup Crusoe is building for OpenAI has secured $11.6 billion in funding to expand from two to eight buildings, the Wall Street Journal reported on Wednesday.

The data center — expected to be the ChatGPT parent's largest — will use up to 50,000 Nvidia Blackwell chips per building, according to the report.

The funding, a mix of debt and equity, will increase the total amount secured for the project to $15 billion, the WSJ report said, citing Crusoe.

The development of these data centers is a crucial step for OpenAI as it looks to expand key infrastructure necessary for tackling complex tasks employed by generative artificial intelligence, while reducing dependence on its backer Microsoft.

OpenAI, Nvidia and Crusoe did not immediately respond to Reuters' requests for comment.

Crusoe, launched in 2018 as a cryptocurrency business, has pivoted to building AI infrastructure and is among the upcoming "neoclouds" that provide specialized AI cloud and data center services.

The startup was tapped by Oracle to build the first data center for the $500 billion Stargate project, Reuters had reported in January.

Crusoe is building its own data center in Abilene, Texas that will hold 100,000 specialized AI chips per building and is set to come online this year.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Shilpi Majumdar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Family of Florida mass shooting victim sues OpenAI in US court
Netflix sued by Texas for allegedly spying on consumers
California county sues Meta over scam ads
SoftBank's Son considers up to $100 billion investment in France, Bloomberg News reports
OpenAI creates new unit with $4 billion investment to aid corporate AI push
Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle
Alphabet considers first yen bond sale to fund AI goals
EU Commission in talks with OpenAI and Anthropic over AI models
Circle sees revenue boost as stablecoin demand rises amid volatility; shares up
AI labs should pass safety review to get US government contracts, group says

Others Also Read