News
Oracle Will Build US Data Centres Supplying 4.5GW Compute for OpenAI’s Stargate Project
Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the US, led by OpenAI, Oracle, Japanese telecoms giant SoftBank, and MGX, an investment firm based in the United Arab Emirates. OpenAI intends to operate the data centres. Oracle will provide server infrastructure and leasing.
Oracle, OpenAI consider Michigan site for data center as Stargate deal expands
Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI infrastructure — was first announced in January at the White House. So far, Oracle has developed a massive data center in Abilene, Texas, for OpenAI alongside development partner Crusoe.
OpenAI signs $30bn data centre deal with Oracle
OpenAI has agreed to lease 4.5 gigawatts of computing power from Oracle in a deal worth about $30bn a year that is one of the largest cloud agreements to date for artificial intelligence. The deal marks a big expansion of OpenAI’s “Stargate” data centre project,
Oracle recently signed a contract with a single provider worth $30 billion in annual revenue – could its be OpenAI?
Microsoft Corp (NASDAQ: MSFT) is leasing 4.5 gigawatts of computing power from Oracle Corp (NYSE: ORCL) under its Stargate ...
OpenAI signs a $30B deal with Oracle for 4.5GW of data center power under its Stargate project, boosting U.S. AI ...
As warnings mount about AI’s potential to displace millions of jobs, Anthropic on Friday launched a its Economic Futures ...
Accenture says AI’s carbon surge can be avoided—but as Big Tech races to build ever-larger data centers, the question is ...
Two days after he was inaugurated, President Donald Trump underscored his administration's focus on AI innovation with a ...
Christian Klein, the chief executive officer of Europe’s most valuable company, said that Europe doesn’t require a flurry of more data centers to compete in artificial intelligence, rejecting a ...
Tech CEOs are obsessed with AI. Microsoft's Satya Nadella uses it for podcast-listening, and OpenAI's Sam Altman consults it ...
Investor's Business Daily on MSN4d
Oracle Stock Rallies On Report Of Expanded Stargate Deal With OpenAIOracle stock has been rallying since the tech giant said Monday it had landed a $30 billion annual cloud deal.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback