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News

OpenAI expands Oracle data center deal

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 · 5m
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.

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 · 6h · on MSN
OpenAI, Oracle deepen AI data center push with 4.5 gigawatt Stargate expansion
 · 6h
OpenAI expands Oracle data center deal, says parts of Stargate 1 in Texas are operational
1hon 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 ...
3hon 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 ...
1h

Huge Texas data center moves ahead as Trump-backed Stargate AI project faces questions

ChatGPT creator OpenAI and cloud computing giant Oracle are partnering to bring 4.5 gigawatts of power to data center ...
10hon MSN

Stargate Project advances with 4.5GW partnership with Oracle

Oracle (NYSE:ORCL) and OpenAI, backed by Microsoft (NASDAQ:MSFT), have announced a partnership to build 4.5 gigawatts of ...

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