
News Link • Arizona's Top News
Chamath Palihapitiya Unveils Plans For AI Data Center Near Bill Gates' Arizona Smart City
• Zero HedgeIndustry insiders—particularly those on the financing side of AI data centers—describe to Zero Hedge the current buildout as a "sprint" expected to continue through President Trump's second term.
Last week, we covered the major development in Abilene, Texas—a massive data center project widely considered the first "Stargate" project under President Trump's broader AI infrastructure initiative.
Backed by Crusoe and Blue Owl Capital, the Abilene facility will be operated by OpenAI—the creator of ChatGPT—positioning it as a flagship project in President Trump's effort to rapidly scale U.S.-based AI infrastructure amid an intensifying AI race with China.
Adding to the wave of data center investment news, Chamath Palihapitiya, CEO of Social Capital, wrote on X in response to CAPITAL.news, "We're going to build a 1 GW AI data center in Arizona," signaling another major deal to expand US AI infrastructure.
Announced this today! We're going to build a 1 GW AI data center in Arizona.
— Chamath Palihapitiya (@chamath) May 27, 2025
I've never done a RE deal so working with a great RE investor, @anitavlallian, with a vision for the project was key. Anita is a star.
Ultimately this will require us investing $25B to get the entire… https://t.co/GqSVPSJeO3 pic.twitter.com/XWYFPldg5J