SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI, a move that would potentially make it the AI startup’s biggest backer.

About 875 acres in Abilene, or roughly the size of New York’s Central Park, have been set aside to construct data centers, according to city documents seen

In a small Texas city nearly 200 miles west of Dallas, the first data center associated with the US$100 billion Stargate venture from OpenAI, SoftBank Group and Oracle is taking shape.

The $500 billion Stargate Initiative — led by Trump, OpenAI, SoftBank, and Oracle — is set to revolutionize U.S. AI infrastructure.

As energy demand surges, largely due to crypto mining facilities, data centers and industrial electrification, Texas officials are looking at how to increase supply and shore up the grid.

SoftBank is in talks to invest up to $25 billion in OpenAI as part of a broader partnership that could see the Japanese conglomerate spend more than $40 OpenAI is in talks to raise up to $25 billion from SoftBank amid DeepSeek shock.

SoftBank is reportedly considering a historic $25 billion investment in OpenAI, which could surpass Microsoft's stake and position SoftBank as the ChatGPT maker's largest investor.

SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.

The biggest investment so far in the ChatGPT maker would help cover its commitment to the Stargate AI infrastructure venture.

SoftBank is in talks to invest up to $25 billion into ChatGPT owner OpenAI and become the AI firm's largest financial backer, the Financial Times reported on Wednesday, as the Japanese conglomerate continues to expand into the sector.

SoftBank Group Corp. is in discussions to invest as much as $25 billion in OpenAI in a move that would potentially make it the AI startup’s biggest backer, the Financial Times reported.