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OpenAI, Oracle and Stargate Project

TechRepublic · 1d

Oracle Will Build US Data Centres Supplying 4.5GW Compute for OpenAI’s Stargate Project

Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the US, led by OpenAI, Oracle, Japanese telecoms giant SoftBank, and MGX, an investment firm based in the United Arab Emirates. OpenAI intends to operate the data centres. Oracle will provide server infrastructure and leasing.

TechRadar on MSN · 1d

OpenAI is massively upping its Oracle cloud capacity to power Project Stargate - is this the mystery $30bn deal?

Oracle recently signed a contract with a single provider worth $30 billion in annual revenue – could its be OpenAI?

Seeking Alpha on MSN · 2d

Oracle climbs after expanding Stargate Project with OpenAI: report

OpenAI plans to rent additional data center capacity from Oracle (NYSE:ORCL) for the Stargate Project, according to Bloomberg. Oracle shares climbed 4% during late market action on Wednesday. If the gains hold,

14hon MSN

Why Oracle Stock Zoomed Nearly 13% Higher This Week

On the back of positive remarks from the company's CEO and bolstered by an apparent deal with a major artificial intelligence ...

Cryptopolitan on MSN2d

Oracle closes deal for an additional 4.5 gigawatts in expansion of US Stargate

OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power ...

4d

Oracle wins cloud contract expected to generate $30B+ in annual revenue

Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company ...

The American Bazaar1d

OpenAI taps Oracle for $30 billion supercharging AI infrastructure

OpenAI signs a $30B deal with Oracle for 4.5GW of data center power under its Stargate project, boosting U.S. AI ...

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