Argentina Lures AI With RIGI

OpenAI and Sur Energy signed a letter of intent for a $25 billion, 500‑megawatt data center in Argentina, citing the country’s new RIGI tax incentives. This marks OpenAI’s first major infrastructure project in Latin America and shows how national incentive regimes are competing for AI megaprojects. — It illustrates how tax policy and industrial strategy are becoming decisive levers in the global race to host energy‑hungry AI infrastructure, with knock‑on effects for grids, investment, and sovereignty.