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Stargate is back on - OpenAI and Oracle unveil massive data center expansion plans in major AI push
The huge deal with Oracle marks a major step forward in OpenAI's journey to 10 gigawatts, as outlined in its four-year, $500 billion Project Stargate strategy. OpenAI confirmed its first site, Stargate I, will be located in Abilene, Texas, with Oracle and OpenAI jointly building it.
OpenAI confirms $30 billion deal with Oracle for data centre services
OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, according to reports. Sam Altman, OpenAI’s CEO, has also confirmed the contract in an X post, without divulging much details, on July 22. The same was also shared as a blog post on their website.
15hon MSN
Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says ...
The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...
OpenAI is scaling up its plans with Oracle. Meanwhile, questions remain about Softbank's involvement in the Stargate AI project.
Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.
OpenAI partners with Oracle to boost Stargate AI capacity to 5 GW, as Elon Musk targets 50 million H100-scale units for xAI ...
OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!
OpenAI has been revealed as the customer behind Oracle’s $30 billion annual cloud deal, aimed at powering the ambitious ...
Oracle has challenged the property valuation of its Stargate data center site in Texas.
OpenAI and SoftBank didn’t immediately respond to requests for comment on the report. However, OpenAI appeared to indirectly ...
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