US EditionOpenAI Signs $30bn Data Centre Deal with Oracle
- OpenAI plans to secure 4.5 gigawatts of data center power from Oracle under a $30 billion per year agreement to broaden its Stargate project throughout the United States.
- This deal follows OpenAI's renegotiation with Microsoft earlier this year and its effort to meet growing demand for AI services beyond Microsoft’s cloud.
- Oracle intends to expand its existing Stargate data centre near Abilene, supported by collaborators such as Crusoe and Nvidia, while also developing several new facilities across the United States.
- Earlier this year, Oracle CEO Larry Ellison expressed the company’s ambition to lead the market in developing and managing data centers that support cloud infrastructure.
- The deal significantly increases OpenAI’s computing power, suggesting its commitment to scaling AI models and marking a major shift in cloud infrastructure supply.
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Financial Times
World NewsOpenAI signs $30bn data centre deal with Oracle
Stargate joint venture with SoftBank seeks more computing power to run powerful AI models
OpenAI Expands with Massive Oracle Data Center Lease
OpenAI Expands with Massive Oracle Data Center Lease In a strategic move to augment its computing capacity, OpenAI plans to lease an additional 4.5 gigawatts of data center capacity from Oracle, according to a report by Bloomberg. This lease signifies a major expansion for OpenAI as it seeks to enhance its AI infrastructure.The decision to partner with Oracle underscores OpenAI's commitment to scaling its operations. This partnership provides th…
Oracle, OpenAI Expand Stargate Deal for More US Data Centers
OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial intelligence products.
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