US tech company OpenAI, the creator of ChatGPT, has signed a letter of intent to build a massive artificial intelligence data centre in Argentina’s Patagonia region – the first of its kind in Latin America.
The Stargate Argentina project, announced by Argentina’s government on Friday, will involve a partnership with domestic firm Sur Energy and entail an investment of some US$25 billion, according to a statement.
The initiative will be structured under Milei’s “Régimen de Incentivos para Grandes Inversiones” incentive scheme for major investments – better known as RIGI – which offers 30-year fiscal and customs benefits to attract foreign capital to strategic sectors.
According to the gove
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