Analysis 11

The build pipeline: planned AI campus capacity

67 of the 103 planned or under-construction systems in this dataset state a power capacity, and together they state 55 GW. O'Leary Ventures alone accounts for 14% of it, and USA for 51%. Every figure here is what an operator or developer says it intends to build, not what has been delivered, and it should be read as a ceiling of intent rather than a forecast.

A stated capacity is a claim, not a build. These figures come from press releases, developer pages and filings, and they are not like-for-like: some are IT load, some are total facility or grid power, and some do not say. Of the pipeline, 10 GW is stated as facility power and 43 GW has no stated scope, and 2.0 GW is stated as IT load. The scope is on every row of the table below, and the figures are added together in the headline only because the alternative is to publish no total at all. Where a developer and an independent tracker disagree, the developer's number is used and the disagreement is in the basis column.

Phase 1 seed dataset, compiled by hand. These rows were built from public operator, laboratory and vendor sources. A mechanical second-reader pass has since fetched every cited source: 1092 of 1153 systems have a readable citation that names them, and 40 are genuinely weakly sourced. Every claim carries its source and a confidence tier. Treat anything below verified as a lead, not a citation.

Under construction
Planned

One headline figure per system, so a campus that states both a first phase and a full build-out is counted once, at the larger. Bar length is megawatts; the label is the operator's total.

Download this chart's data (CSV) ↓

Table view: Stated capacity of the build pipeline by operator

Operator	Systems	Under construction	Planned	Total	Share of pipeline
O'Leary Ventures	1	0 MW	7.5 GW	7.5 GW	14%
Meta Platforms	3	7.0 GW	0 MW	7.0 GW	13%
Scala Data Centers	1	0 MW	4.8 GW	4.8 GW	9%
Oracle	4	4.3 GW	0 MW	4.3 GW	8%
Tallgrass Energy	1	2.7 GW	0 MW	2.7 GW	5%
HUMAIN	2	500 MW	2.0 GW	2.5 GW	5%
Argyll Data Development	1	0 MW	2.0 GW	2.0 GW	4%
IREN	1	2.0 GW	0 MW	2.0 GW	4%
Poolside	1	0 MW	2.0 GW	2.0 GW	4%
Nebius	3	1.8 GW	0 MW	1.8 GW	3%
Brookfield	1	0 MW	1.8 GW	1.8 GW	3%
DataVolt	1	1.5 GW	0 MW	1.5 GW	3%
Fluidstack	4	1.5 GW	0 MW	1.5 GW	3%
Campus AI	1	1.4 GW	0 MW	1.4 GW	3%
SB Energy	1	1.2 GW	0 MW	1.2 GW	2%
Alphabet	1	1.0 GW	0 MW	1.0 GW	2%
G42	1	1.0 GW	0 MW	1.0 GW	2%
Hut 8	1	1.0 GW	0 MW	1.0 GW	2%
Crusoe	1	900 MW	0 MW	900 MW	2%
SoftBank Corp.	2	300 MW	400 MW	700 MW	1%
Applied Digital	2	630 MW	0 MW	630 MW	1%
CoreWeave	3	320 MW	300 MW	620 MW	1%
Mistral AI	1	600 MW	0 MW	600 MW	1%
NEXTDC	1	0 MW	550 MW	550 MW	1%
Racks Central	1	510 MW	0 MW	510 MW	1%
Firmus Technologies	2	90 MW	360 MW	450 MW	1%
Anthropic	1	0 MW	401 MW	401 MW	1%
Microsoft	2	320 MW	0 MW	320 MW	1%
Bell Canada	1	300 MW	0 MW	300 MW	1%
Cipher Mining	1	300 MW	0 MW	300 MW	1%
Cerebras	2	165 MW	100 MW	265 MW	0%
LG Uplus	1	0 MW	200 MW	200 MW	0%
Omnia Data Centers	1	200 MW	0 MW	200 MW	0%
Schwarz Digits	1	200 MW	0 MW	200 MW	0%
TELUS	1	150 MW	0 MW	150 MW	0%
Lambda	2	123 MW	0 MW	123 MW	0%
Reliance Intelligence	1	120 MW	0 MW	120 MW	0%
Khazna Data Centers	1	100 MW	0 MW	100 MW	0%
SK Telecom	1	100 MW	0 MW	100 MW	0%
Synectics Technologies	1	0 MW	100 MW	100 MW	0%
Yotta Data Services	1	60 MW	0 MW	60 MW	0%
RIKEN	1	0 MW	40 MW	40 MW	0%
National Polytechnic Institute (IPN)	1	0 MW	20 MW	20 MW	0%
CEA	1	0 MW	15 MW	15 MW	0%
Groq	2	7 MW	5 MW	12 MW	0%
Hypertec Cloud	1	0 MW	3 MW	3 MW	0%
Austrian Scientific Computing	1	0 MW	2 MW	2 MW	0%

How this was calculated

A system is in the pipeline if its status is planned or under construction and the table of capacity claims holds at least one stated power figure for it. A claim is recorded only when a megawatt or gigawatt number is stated outright in a page the system already cites. Nothing is derived from GPU counts, and nothing is estimated: a system whose sources give a GPU count but no power figure has no row, and is listed below by name.

Where a system states several figures, one row is kept per stage (first phase, full build-out, contracted, operating) and the headline is the first that exists in the order full build-out, contracted, first phase. Bounds and ranges ("more than 1 GW", "700 to 900 MW") are recorded at the stated number with the qualifier in the basis column.

The operator is the organisation this dataset records as operating the system. For campuses built by a developer for a tenant, that is the tenant, following the Stargate Abilene convention, so the operator totals are by who will run the machines, not who pours the concrete.

Every claim in the pipeline

System	Operator	Country	Status	Capacity	Scope	Stage	Stated window	Basis
Wonder Valley AI Campus	O'Leary Ventures	Canada	planned	7.5 GW	unspecified	full buildout	-	7.5 GW at full build-out per Site Selection and Gensler; a later report cites 9 GW source
Meta Hyperion	Meta Platforms	USA	under construction	5.0 GW	unspecified	full buildout	2030 (initial operational target)	Up to 5 GW announced by Zuckerberg July 2025; no date for full buildout source
Scala AI City	Scala Data Centers	Brazil	planned	4.8 GW	unspecified	full buildout	-	Expansion potential up to 4.75 GW across 1,730+ acres, a design ceiling source
Project Jade (Cheyenne)	Tallgrass Energy	USA	under construction	2.7 GW	unspecified	full buildout	-	2.7 GW at buildout per the June 2026 report, up from the 1.8 GW first announced; potential to scale to 10 GW source
HUMAIN Project Halo	HUMAIN	Saudi Arabia	planned	2.0 GW	unspecified	full buildout	-	Planned 2 GW supercluster source
IREN Sweetwater Hub	IREN	USA	under construction	2.0 GW	unspecified	full buildout	-	2,000 MW across Sweetwater 1 (1,400 MW) and Sweetwater 2 (600 MW), stated as the hub total source
Killellan AI Growth Zone	Argyll Data Development	United Kingdom	planned	2.0 GW	unspecified	full buildout	-	Scaling beyond 2 GW at full build-out source
Poolside Project Horizon	Poolside	USA	planned	2.0 GW	unspecified	full buildout	-	2 GW campus in eight 250 MW phases source
Paducah AI Campus	Brookfield	USA	planned	1.8 GW	facility	full buildout	-	Campus supports up to 1.8 GW of utility capacity; over 1.2 GW of compute capacity per the same page source
DataVolt Oxagon AI Campus	DataVolt	Saudi Arabia	under construction	1.5 GW	unspecified	full buildout	-	Planned 1.5 GW Oxagon campus per the DataVolt announcement source
Campus AI Fouju	Campus AI	France	under construction	1.4 GW	unspecified	full buildout	-	Planned 1.4 GW total for the Fouju campus per La Voix de France and Middle East AI News source
Stargate Shackelford County (Frontier)	Oracle	USA	under construction	1.4 GW	facility	full buildout	-	Vantage says 1.4 GW campus, ten buildings, first building H2 2026; Epoch AI says 2.0 GW source
Nebius Independence AI Factory	Nebius	USA	under construction	1.2 GW	unspecified	full buildout	-	Campus could reach up to 1.2 GW; first gigawatt-scale Nebius AI factory source
Stargate Milam County	SB Energy	USA	under construction	1.2 GW	facility	full buildout	-	1.2 GW site design capacity, SB Energy builds; Epoch AI also lists 1.2 GW source
Beacon Point (Hut 8)	Hut 8	USA	under construction	1.0 GW	facility	full buildout	-	1,000 MW of utility capacity under an AEP Texas interconnection agreement source
Google India AI Hub (Vizag)	Alphabet	India	under construction	1.0 GW	unspecified	full buildout	-	Google calls it a 1 gigawatt-scale AI ecosystem; Tribune reports about one gigawatt across three campuses; a qualitative target source
Meta El Paso (Texas)	Meta Platforms	USA	under construction	1.0 GW	unspecified	full buildout	-	Meta: 1 gigawatt of compute capacity at the El Paso campus, operations to begin in 2028 source
Meta Lebanon (Indiana)	Meta Platforms	USA	under construction	1.0 GW	unspecified	full buildout	-	Meta: 1GW campus in Lebanon, Indiana; a design capacity, no operational date stated source
Stargate Michigan (Saline Township)	Oracle	USA	under construction	1.0 GW	unspecified	full buildout	-	Related Digital: more than 1 GW planned capacity, three buildings; Epoch AI says 1.4 GW source
Stargate Port Washington (Lighthouse)	Oracle	USA	under construction	1.0 GW	unspecified	full buildout	-	Vantage: close to 1 GW of AI capacity, four data centers; Epoch AI says 1.3 GW source
Stargate UAE	G42	United Arab Emirates	under construction	1.0 GW	unspecified	full buildout	2026 (first 200 MW)	One-gigawatt AI cluster in Abu Dhabi announced by G42 May 2025; capacity target source
Crusoe Abilene Campus (Microsoft)	Crusoe	USA	under construction	900 MW	facility	full buildout	Mid-2027 (first building energized)	900 MW campus, two buildings, first energized mid-2027; combined Abilene 2.1 GW source
Stargate Project Jupiter (New Mexico)	Oracle	USA	under construction	900 MW	facility	full buildout	-	El Paso Matters: standalone microgrid of 700 to 900 MW (upper end); Epoch AI says 1.75 GW IT source
Lake Mariner (Fluidstack)	Fluidstack	USA	under construction	750 MW	facility	full buildout	-	Up to 750 MW gross HPC leasing capacity at the campus, in the Q4 2025 results release source
Mistral Borlange AI Data Centre	Mistral AI	Sweden	under construction	600 MW	unspecified	full buildout	-	Campus potential to scale to 600 MW per EcoDataCenter source
NEXTDC S7 Sydney AI Campus	NEXTDC	Australia	planned	550 MW	it load	full buildout	-	NEXTDC lists S7 Sydney as 550 MW+ of IT capacity, in planning source
Racks Central RCJM AI Campus	Racks Central	Malaysia	under construction	510 MW	unspecified	full buildout	-	Total campus capacity of 510 MW across four facilities source
HUMAIN AI Factory Phase 1	HUMAIN	Saudi Arabia	under construction	500 MW	unspecified	full buildout	-	Nvidia states a projected AI factory capacity of up to 500 MW over the next five years source
Delta Forge 1 (Rapides Parish)	Applied Digital	USA	under construction	430 MW	facility	full buildout	-	Delta Forge 1 is described as a 430 MW AI factory campus (utility power) source
Justified Data (Anthropic)	Anthropic	USA	planned	401 MW	it load	contracted	-	20-year Anthropic lease for 401 MW of critical IT load, full load by early 2028 source
SoftBank Sakai AI Data Center	SoftBank Corp.	Japan	planned	400 MW	unspecified	full buildout	-	Future expansion to over 400 MW per the SoftBank announcement source
Firmus Batam AI Factory	Firmus Technologies	Indonesia	planned	360 MW	unspecified	full buildout	-	Firmus: 360 MW AI factory campus for up to 170,000 accelerators; announced 28 June 2026 source
Nebius Lappeenranta AI Factory	Nebius	Finland	under construction	310 MW	unspecified	full buildout	-	310 MW AI factory, first capacity for customers in 2027 source
Barber Lake (Fluidstack)	Fluidstack	USA	under construction	300 MW	facility	full buildout	-	Barber Lake site 300 MW approved power capacity per Cipher's business update source
Bell AI Fabric Saskatchewan	Bell Canada	Canada	under construction	300 MW	unspecified	full buildout	-	Bell states a 300 MW data centre, coming online in stages from the first half of 2027; scope not specified source
Cipher Black Pearl (AWS)	Cipher Mining	USA	under construction	300 MW	facility	full buildout	-	About 300 MW of gross capacity leased to Amazon Data Services for 15 years source
CoreWeave Lancaster AI Data Center	CoreWeave	USA	planned	300 MW	unspecified	full buildout	-	Expandable to 300 MW at full build-out per the CoreWeave announcement source
Nebius Birmingham AI Factory	Nebius	USA	under construction	300 MW	facility	full buildout	-	Local coverage of the permit application gives 300 MW of power consumption served by Alabama Power; not a Nebius page source
SoftBank Tomakomai AI Data Center	SoftBank Corp.	Japan	under construction	300 MW	unspecified	full buildout	-	SoftBank: power capacity expected to exceed 300 MW source
CoreWeave Kenilworth (NEST)	CoreWeave	USA	under construction	250 MW	unspecified	full buildout	-	Described as a 250 MW AI data center; whether IT or facility load is not stated source
River Bend (Fluidstack)	Fluidstack	USA	under construction	245 MW	it load	contracted	-	15-year Fluidstack lease for 245 MW of critical IT capacity source
Microsoft Azure AI datacenter (Narvik, Norway)	Microsoft	Norway	under construction	230 MW	facility	full buildout	2026 (staged deployment begins)	Nscale: more than 30,000 Rubin GPUs on a 230 MW campus; matches site substation_mw source
LG Paju AI Data Center	LG Uplus	South Korea	planned	200 MW	unspecified	full buildout	-	LG Uplus CTO: Paju AI data center capacity of 200 MW, up to 120,000 GPUs, completion in 2027 source
Omnia Pecem (TikTok)	Omnia Data Centers	Brazil	under construction	200 MW	it load	first phase	-	First phase about 200 MW productive IT load inside a roughly 300 MW power envelope (300 MW is the consumption figure) source
Polaris Forge 2 (Harwood)	Applied Digital	USA	under construction	200 MW	it load	contracted	-	15-year take-or-pay lease for 200 MW of critical IT load, funded by 2.15 billion dollar notes source
STACKIT Lubbenau AI Data Center	Schwarz Digits	Germany	under construction	200 MW	facility	first phase	-	Connected load of about 200 MW for the Lubbenau data center, first phase of three modules due by end of 2027 source
Abernathy (Fluidstack)	Fluidstack	USA	under construction	168 MW	it load	first phase	-	168 MW critical IT load for delivery in second half of 2026; 240 MW gross capacity source
Cerebras Mikkeli AI Data Centre	Cerebras	Finland	under construction	165 MW	it load	full buildout	-	165 MW of contracted IT capacity at full scale source
TELUS BC Sovereign AI Cluster	TELUS	Canada	under construction	150 MW	unspecified	full buildout	-	TELUS: cluster will scale to over 60,000 GPUs and 150 MW by 2032 source
Reliance Intelligence Jamnagar AI Compute Platform	Reliance Intelligence	India	under construction	120 MW	unspecified	first phase	-	First 120 MW phase targeted for commissioning by end of 2026 source
Cerebras Guyana AI Data Center	Cerebras	Guyana	planned	100 MW	facility	full buildout	-	MoU for an AI data center of up to 100 MW at Wales, Guyana source
Khazna Ajman AI Data Center	Khazna Data Centers	United Arab Emirates	under construction	100 MW	unspecified	full buildout	-	100 MW AI-optimized data center, 20 halls of 5 MW each source
Lambda Kansas City AI Factory	Lambda	USA	under construction	100 MW	unspecified	full buildout	-	Scalable to more than 100 MW source
SK Ulsan AI Data Center	SK Telecom	South Korea	under construction	100 MW	unspecified	full buildout	-	100 MW facility at full build-out by February 2029 with about 60,000 GPUs source
USIO	Synectics Technologies	Uganda	planned	100 MW	facility	full buildout	-	Aeonian campus 100 MW total (USIO plus six 15 MW modules); 100 MW pre-transmission allocation source
Firmus Southgate Launceston	Firmus Technologies	Australia	under construction	90 MW	unspecified	first phase	-	W.Media reports Stage 1 at 90 MW (44 MW then 90 MW) before a planned 300 MW Stage 2; a target relayed from Firmus source
Microsoft Azure AI supercomputer (Loughton, UK)	Microsoft	United Kingdom	under construction	90 MW	facility	full buildout	Q1 2027 (initial GB300 delivery)	Nscale: 50 MW scaling to 90 MW at Loughton campus; matches site substation_mw source
Muskogee (CoreWeave)	CoreWeave	USA	under construction	70 MW	it load	full buildout	-	Core Scientific: 70 MW of critical IT load for GPUs within a 100 MW total facility (30 MW ancillary), expected operational in 2026 source
Yotta D2 Blackwell Ultra Cluster	Yotta Data Services	India	under construction	60 MW	facility	first phase	-	Supercluster deployed at Yotta's 60 MW D2 data center in Greater Noida source
FugakuNEXT	RIKEN	Japan	planned	40 MW	unspecified	full buildout	-	RIKEN: aims to deliver up to a hundredfold application gain within the same approximately 40 MW power constraint as Fugaku; a design constraint source
Lambda Chicago AI Factory	Lambda	USA	under construction	23 MW	unspecified	full buildout	-	Single-tenant 23 MW data centre ready for service in 2026 source
Coatlicue	National Polytechnic Institute (IPN)	Mexico	planned	20 MW	unspecified	full buildout	-	IPN article says the site decision must consider supply of the "approximately 20 megawatts" the machine requires; scope not stated source
Alice Recoque	CEA	France	planned	15 MW	unspecified	full buildout	2027	GENCI states under 15 MW (upper bound) for the exascale system source
GroqCloud Kamloops Inference Cluster	Groq	Canada	under construction	7 MW	unspecified	first phase	-	7 MW Groq facility is the first Bell AI Fabric site source
GroqCloud Sydney Inference Cluster	Groq	Australia	planned	5 MW	unspecified	full buildout	-	4.5 MW Groq facility in Equinix Sydney source
Mila Sovereign AI Research Hub	Hypertec Cloud	Canada	planned	3 MW	unspecified	full buildout	-	Mila: up to 3 MW of secure AI infrastructure capacity at the hub, a design capacity source
AI:AT	Austrian Scientific Computing	Austria	planned	2 MW	unspecified	full buildout	-	EuroHPC tender document: a total power capacity of up to 2 MW will be made available for the complete system, a design allowance source

By sector, country and window

Sector	Systems	Stated capacity
Neoclouds	37	35 GW
Big tech	17	14 GW
AI labs	3	3.0 GW
Industry	6	3.0 GW
Research HPC	3	62 MW
Government labs	1	15 MW

Country	Systems	Stated capacity
USA	29	28 GW
Canada	5	8.0 GW
Brazil	2	5.0 GW
Saudi Arabia	3	4.0 GW
United Kingdom	2	2.1 GW
France	2	1.4 GW
India	3	1.2 GW
United Arab Emirates	2	1.1 GW
Japan	3	740 MW
Australia	3	645 MW
Sweden	1	600 MW
Malaysia	1	510 MW
Finland	2	475 MW
Indonesia	1	360 MW
South Korea	2	300 MW
Norway	1	230 MW
Germany	1	200 MW
Guyana	1	100 MW
Uganda	1	100 MW
Mexico	1	20 MW
Austria	1	2 MW

Operator's stated first-power year	Systems	Stated capacity
2026	2	1.2 GW
2027	3	1.0 GW
2030	1	5.0 GW
No stated window	61	48 GW

What is missing

36 planned or under-construction systems state no power figure in any source this dataset cites, so they are not in the totals above: DAEDALUS, Doudna, Horizon, Discovery (ORNL), Lux (ORNL), Solstice, Equinox, Blue Lion, KISTI-6, Google TPU (Ironwood) capacity for Anthropic, BMS AI Factory, El Khawarizmi Supercomputer, JD Cloud 100,000-GPU Cluster, Hyundai Motor Group Blackwell AI Factory, Samsung AI Megafactory, Hon Hai Kaohsiung Super Computing Center, HammerHAI, Mimer AI Factory, IT4LIA, Project Ceiba, Korea National AI Computing Center, UK Next National Supercomputer, Gaia AI Factory, LUMI-AI, HUMAIN Qualcomm AI 100 Cluster, Herder, Firmus Southgate Melbourne, Pangea 5, Lynx (Arizona), MeluXina-AI, KarolAIna, SLAIF, Discoverer++, Levente, MareNostrum 5 AI, China Datang Ulanqab Computing Center. Most are national or sovereign machines announced by GPU count or contract value, which is itself a finding: the operators that publish megawatts are the ones building at a scale where the grid connection, not the silicon, is the constraint.

The read

The pipeline is a story about very few organisations. O'Leary Ventures states 7.5 GW, more than the next operator, and the top five operators state 48% of the whole. That concentration is not only an artefact of the sample: these are the campuses that the electricity and switchgear industries are actually being asked to deliver, and 24 of them individually state more capacity than every operating system that states a figure, combined.

For scale, the 12 systems already operating that state a power figure total about 612 MW. The pipeline is 90 times that, and 59% of it is recorded as under construction. Yet 87% of it has no stated first-power year at all, which is what an announcement looks like before a utility interconnection agreement exists.

Two cautions on reading the totals. First, capacity is not compute: a megawatt of 2028 silicon is worth several times a megawatt of 2023 silicon, and no page on this site will convert one into the other without a published basis. Second, announcements are not delivered, and several of the largest figures have already moved between sources. The dated basis on every row is there so the claim can be checked against what actually energises.