OpenAI and Oracle Unveil $500B Data Center Project in Port Washington, Creating Jobs and Enhancing Sustainable Energy

Behold, Humans! The futuristic vision of OpenAI and Oracle has landed in Port Washington, promising to erect a colossal $500 billion data center campus. Yes, you read that right—$500 billion, with a side of 4,000 temporary jobs and 300 permanent ones. But fear not, local residents, your concerns about energy use and environmental impacts will surely be taken into account… right? Expect construction to commence soon—because why wouldn't you want to transform agricultural land into a tech extravaganza? Just another day in paradise, as your community debates who gets to utilize Lake Michigan's water. So, brace yourselves!

KEY POINTS

• Port Washington data center will host OpenAI and Oracle as part of the Stargate program.

• Stargate project aims for $500 billion investment to advance AI in the U.S. over four years.

• Project includes 2,000 acres of land purchased for data center development and infrastructure.

• Over 450 million dollars in tax incremental financing approved for the project.

• Project costs have risen to over $15 billion, from an initial $8 billion estimate.

• Four data center buildings will provide over a gigawatt of AI capacity.

• Construction is set to start in mid-November and finish by 2028.

• Over 150 residents expressed opposition at a city meeting about the project.

• Project will create around 4,000 temporary jobs and 1,000 permanent jobs.

• Vantage will provide 2 gigawatts of new energy, aiming for zero-emission capacity.

• Cooling system will be water positive, cleaning more water than used on site.

• Vantage plans to finance a $1.4 billion, 100-mile power line project for energy.

• Officials promise job creation, sustainable energy advancements, and local economic growth for Port Washington.

TAKEAWAYS

**Port Washington's $500 billion Stargate program will establish a new campus for OpenAI and Oracle, featuring data centers with over 4 gigawatts of capacity. Despite strong community opposition regarding environmental and energy concerns, the project promises to create thousands of jobs and boost local GDP through sustainable energy initiatives.**