OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas.

The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...

A $500 billion plan to supercharge the USA's AI infrastructure has hit significant turbulence, with not a single deal signed ...

OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, ...

OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!

OpenAI and Oracle are jointly developing an additional 4.5 gigawatts (GW) of data centre capacity in the U.S., significantly expanding their ongoing Stargate initiative. This move brings total ...

OpenAI has been revealed as the customer behind Oracle’s $30 billion annual cloud deal, aimed at powering the ambitious ...

In addition to the 4.5 gigawatts of capacity announced today, Oracle is responsible for building one of OpenAI’s Texas data ...

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has ...

"To support our bull case, we believe that [Oracle] will likely raise incremental debt (we are assuming an additional $20bn of debt) to meet this bull case, which at a 5% interest rate would increase ...

Forced by the stalled $500B Stargate project with SoftBank, OpenAI is reopening its $40B funding round to seek urgent ...

O penAI announced Tuesday that it will develop 4.5 gigawatts of data center capacity in partnership with Oracle ORCL — ...