TV’s Kevin O’Leary is plotting a second “Wonder Valley” development, this time in the US state of Utah, and says the scheme could offer up to 7.5GW of power for hyperscale data centers.

O’Leary, star of US TV show Shark Tank, where he is known as Mr. Wonderful, is planning the campus outside Salt Lake City in the Golden Spike District of Box Elder County, Utah. It will be developed by his firm, O’Leary Digital, in partnership with several other companies.

It is the second Wonder Valley proposed by O’Leary, with a similar project being planned in Alberta, Canada. This was announced in 2024, and O’Leary said the two valleys will offer a combined 15GW of capacity.

Kevin OLeary
Kevin O'Leary – Bitzero

"We have under development approximately 26,000 acres across two jurisdictions with the infrastructure necessary to support power generation and compute capacity at scale,” O’Leary said.

“In Utah particularly, the energy resources and location create a compelling long-term opportunity. Projects of this magnitude require disciplined execution and close collaboration with state and local leadership, and we are committed to working in partnership as the project advances."

Commercial property firm West GenCo will oversee permitting and state-level regulatory coordination for the project, while permitting is also underway for the Alberta site, O’Leary Digital said.

The campuses will be planned for 7.5GW power generation capacity each, supported by “phased deployment of powered buildings and integrated on-site energy and utility infrastructure,” the company added.

O’Leary Digital said its Utah site benefits from “access to major interstate natural gas infrastructure,” without going into further detail on how it will get its hands on 7.5GW of power. In Alberta, the company is reportedly planning to build a natural gas power plant with 8.5GW of output, most of which will go to its data center sites.

Paul Palandjian, O’Leary Digital CEO, said: "We have developed repeatable campus designs supported by experienced partners with deep expertise and long track records serving leading compute tenants, while preserving the flexibility to collaborate directly on specific power and infrastructure requirements. In a rapidly evolving compute environment, combining scalability with adaptability is essential."

O’Leary, who recently took a starring role in the Hollywood movie Marty Supreme, where he played alongside Timotheé Chalamet and Gwyneth Paltrow, is a longtime investor in data centers through his interest in cryptomining firm turned HPC and AI cloud provider Bitzero.

O’Leary spoke to DCD about the growth of the AI market in the current edition of DCD>Magazine, out now.