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TechCheck

Inside OpenAI’s data center hunt 10/3/25

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.566 Ratings

🗓️ 3 October 2025

⏱️ 7 minutes

🧾️ Download transcript

Summary

OpenAI may have just unveiled a nearly $1T plan to expand its infrastructure footprint. We take a look behind the scenes where the AI leader has been running a secretive competition to pick data center winners.

Transcript

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0:00.0

Open AI might have just unveiled that nearly trillion dollar plan to expand its infrastructure footprint.

0:04.6

But behind the scenes, the AI leader's been running a secretive competition to pick data center winners.

0:11.7

Our McKenzie Segalos has those details in today's tech check. Pay Mac.

0:15.4

Hey, Carl. So Open AI has been quietly searching since January for where to plant its next generation of supercomputing

0:21.8

sites, a competition that's drawn more than 800 bids so far. I spoke exclusively with Keith Hyde.

0:27.2

He is the person who was pouring over those applications for Sam Altman. He was the head of

0:31.9

AI-computed meta before OpenAI poached him, and he told me that utilities, landowners,

0:36.8

and developers across

0:38.1

North America are all pitching to host the next wave of Stargate data centers.

0:42.4

But this isn't a repeat of Amazon's HQ2 search. Open AI is not chasing tax breaks or

0:48.3

corporate incentives. The exact leading the process told me they're not swayed by a $25

0:53.3

million rebate over 10 years.

0:55.0

What they care about is power, fast, and a community that actually wants them there.

1:00.0

They've already narrowed it down to about 20 sites that are in advanced diligence.

1:04.0

A solar powered campus in central Texas is already live, where OpenAI is actually acting as its own developer there.

1:10.0

And then some of the proposals still under review involve gas and nuclear power, including

1:15.5

advanced reactors and even early stage fusion.

1:18.5

Now Hyde admitted the compute capacity numbers are unprecedented, but he argues that the mix

1:23.5

is doable.

1:24.4

Solar powered with batteries that can cover surges. Natural gas offers bridge power while

1:29.8

grid connections catch up. And nuclear, whether small modular reactors or longer term fusion

1:35.4

provides dense, reliable baseload. He said that those three anchors together create the industrial

...

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