Milestone

Lambda announced plans for a data center at MidAmerica Industrial Park in Oklahoma

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What happened

AI summaryWritten from 1 source, checked claim by claim

Lambda announced on September 27, 2026 that it plans to build a data center in the south section of MidAmerica Industrial Park, near Chouteau in Mayes County, Oklahoma. The post said MidAmerica used a reverse RFP process to find a developer and worked with Grand River Dam Authority (GRDA), a public power utility, to choose Lambda. GRDA and MidAmerica selected Cloverleaf Infrastructure to prepare the site. Lambda said it had signed the White House Ratepayer Protection Pledge.

Lambda said it will pay 100 percent of the facility's energy costs under Oklahoma's Data Center Customer Ratepayer Protection Act. GRDA's chief executive said in the post that Lambda will fund the upfront infrastructure costs needed to serve the project. The post said the project would bring an estimated $500 million in taxes over the next 10 years based on current rates, up to 1,000 construction jobs and up to 100 permanent positions. It also said the facility will use closed-loop cooling. The post did not state the data center's capacity, the construction cost or a timeline, which it said will be shared as planning progresses.

Key points

  1. Lambda plans a data center at MidAmerica Industrial Park near Chouteau, Mayes County, Oklahoma.1
  2. The post estimated $500 million in taxes over 10 years at current rates.1
  3. The project would bring up to 1,000 construction jobs and up to 100 permanent positions.1
  4. Lambda said it will pay 100 percent of the facility's energy costs; capacity, cost and timing were not stated.1

Why it matters

New location

The announcement adds Mayes County, Oklahoma as a site for Lambda's data center build-out. The post gives no capacity, so the size of the addition is not known.

Power cost terms

Lambda said it pays 100 percent of the facility's energy costs, and GRDA's chief executive said Lambda funds the upfront infrastructure. Both place those costs with Lambda; the post gives no amounts.

No investment figure

The $500 million figure is an estimate of taxes over 10 years, not construction spending. The cost of the project is not disclosed.

In context

$1B$10B2025$2.5B
Lambda priced rounds
RoundDatePost-money valuationRaisedLed by
Series CFeb 15, 2024$1.5B$320MUS Innovative Technology Fund (USIT)
Series DFeb 19, 2025$2.5B$480MAndra Capital and SGW
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

Fact-check

  • Lambda announced on September 27, 2026 plans for a data center in the south section of MidAmerica Industrial Park near Chouteau, Mayes County, Oklahoma.Confirmed by [1] Lambda: the post, dated September 27, 2026, places the facility in the park's south section in Mayes County and names Chouteau.Verified
  • MidAmerica used a reverse RFP and worked with GRDA to choose Lambda; GRDA and MidAmerica selected Cloverleaf Infrastructure to prepare the site; Lambda signed the White House Ratepayer Protection Pledge.Confirmed by [1] Lambda: the post describes the reverse RFP, GRDA's role with MidAmerica, Cloverleaf's selection and Lambda's signing of the pledge.Verified
  • The project would bring an estimated $500 million in taxes over the next 10 years at current rates.Confirmed by [1] Lambda: the post estimates about $500 million in taxes over 10 years based on current rates. It is a tax estimate, not construction cost.Verified
  • The project would bring up to 1,000 construction jobs and up to 100 permanent positions.Confirmed by [1] Lambda: 'up to 1,000 construction jobs and up to 100 permanent positions'.Verified
  • Lambda will pay 100 percent of the facility's energy costs, and GRDA's chief executive said Lambda will fund the upfront infrastructure costs.Confirmed by [1] Lambda: 100 percent of energy costs in line with Oklahoma's Data Center Customer Ratepayer Protection Act; the upfront infrastructure statement is quoted from GRDA's CEO.Verified

Sources

  1. [1]Lambda (opens in a new tab)Lambda to build new data center in Mayes County, OklahomaLambda will fund the upfront infrastructure costs required to serve the project.

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