Who’s Behind a Proposed $66 Billion Wyoming AI Data Center?

Public filings tie the project to General Catalyst and an energy startup founded by former Palantir employees, but local officials are still searching for answers.

BY SAM BLUM, SENIOR WRITER @SAMMBLUM

Illustration: Inc.; Photo: Adobe Stock, Getty Images

Over the past year, AI data center construction has exploded nationwide. OpenAI announced the Stargate initiative in January 2025, allocating a proposed $500 billion over the ensuing four years to transform vast swaths of the country into data center parks, with financing from SoftBank, Oracle, and other equity investors. In July, the White House gave Silicon Valley a regulatory boost by announcing a streamlined permitting process for companies building the notoriously expensive, energy-draining facilities.

Many large data center builds have come with splashy public announcements: Microsoft........

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