Deal Value
Undisclosed
Announced
Friday, July 24, 2026
Deal Details
OpenAI commits roughly $20 billion to build its first self‑developed 3.2 GW AI data center campus in Effingham County, Georgia, supported by a long‑term power and tax agreement with Georgia Power and local officials.
A cloud computing partnership providing infrastructure and compute resources.
Related Analysis
The AI Buildout Signed 15-Year Leases Against a Price That Resets Every Quarter
Compute contracts are now being written like commercial real estate: long leases, land financing, third-party guarantees. The revenue backing them reprices in months. Here is how to read the next data center announcement for who is actually carrying that mismatch.
The Rental Era Is Ending. The Next AI Moat Is Owning Your Own Electrons.
A year ago compute was becoming a commodity you rent. Now the biggest labs are buying land, power, and concrete. Here is what flipped, and what it tells you about the real bottleneck.
Related Deals
Tata Consultancy Services → HyperVault AI Data Center
EuroHPC Joint Undertaking → Bull
Anthropic → Lambda
AMD → HUMAIN
JPMorgan Chase → Lambda
OpenAI → CARIVA