OpenAI expands Oracle data center deal
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The latest agreement between OpenAI and Oracle will expand Stargate’s data center capacity, ultimately surpassing the halfway point of their goal.
2don MSN
Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI infrastructure investment creating over 100,000 jobs.
OpenAI partners with Oracle to boost Stargate AI capacity to 5 GW, as Elon Musk targets 50 million H100-scale units for xAI over the next five years.
The Register on MSN1d
OpenAI sweet-talks Oracle into another 4.5GW worth of Stargate datacenters, assuming the check clearsWho's picking up the tab again? AI hype man and OpenAI CEO Sam Altman has convinced his buddies at Oracle to bring an additional 4.5 gigawatts of datacenter capacity online in the US as part of the startup's Stargate initiative.
Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost.
Oracle stock was down after a report the Stargate AI project has been scaled back in the near term. But the company is still set to gain from a huge deal with OpenAI.
Launched earlier this year at the White House, the Stargate initiative had promised to supercharge US AI capabilities and generate over 100,000 jobs.