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OpenAI expands Oracle data center deal

TechCrunch on MSN · 10h

OpenAI agreed to pay Oracle $30B a year for data center services

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 confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post.

Fortune India · 16m

OpenAI and Oracle expand Stargate AI infrastructure with 4.5 GW data centre additional capacity

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 Stargate capacity under development to over 5 GW, supporting OpenAI’s long-term goal of building 10 GW of AI infrastructure in the U.S. within four years.

NBC New York · 17h

OpenAI expands Oracle data center deal, says parts of Stargate 1 in Texas are operational

Stargate is a joint venture between OpenAI, Oracle and Softbank that aims to invest up to $500 billion in AI infrastructure in the U.S.

21hon MSN

Trump's AI vision takes shape as Oracle and OpenAI expand massive Stargate infrastructure project

Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI ...

1h

OpenAI has agreed to pay Oracle $30 billion every year, here's why

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

9hon MSN

As Oracle’s stock falls in the wake of Stargate developments, here’s one big question for investors

Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says ...

The Register on MSN7h

OpenAI sweet-talks Oracle into another 4.5GW worth of Stargate datacenters, assuming the check clears

Who's picking up the tab again? AI hype man and OpenAI CEO Sam Altman has convinced his buddies at Oracle to bring an ...

12hon MSN

Oracle Stock Slips. Why a Slow Start to Project Stargate Isn’t a Crisis.

Oracle stock was down after a report the Stargate AI project has been scaled back in the near term. But the company is still ...

22h

OpenAI Is Spending Billions To Stay Ahead In AI—But JPMorgan Warns This 'Vibe Spending' Could Push Investors To Their Limit

JPMorgan has warned that OpenAI's aggressive $46 billion "vibe spending" on talent and R&D could test investor patience.

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