OpenAI completes Stargate data center exterior after slashing compute spend

The exterior of one building at OpenAI's $16 billion Stargate data center in Michigan is nearly complete. Construction began three months ago and is being managed by Related Digital. OpenAI, Oracle, and SoftBank jointly unveiled the project in January 2025 at the White House. The companies initially pledged $500 billion in AI infrastructure spending over four years, with OpenAI citing $1.4 trillion in commitments over eight years. However, ahead of a potential IPO, OpenAI revised its strategy, targeting only $600 billion in total compute spend by 2030. This shift reflects a more measured approach to spending amid investor scrutiny and market volatility.