Oracle Invests $40 Billion in Nvidia Chips to Build One of the World's Largest Data Centers

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Oracle invests $40 billion in Nvidia chips to build one of the world's largest data centers

The facility will cover eight buildings across 875 acres. Crusoe Energy Systems and Blue Owl Capital raised $15 billion in debt and equity to finance the buildout. JPMorgan played a key role by providing $9.6 billion in loans, including a recently announced $7.1 billion tranche.Read Entire Article

Oracle is about to invest $40 billion in Nvidia "superchips" to power the first data centre of the Stargate project. Under this agreement, Oracle will purchase approximately 400,000 GB200 chips and lease computing power to OpenAI, indicated sources close to the file at the Financial Times. The chips will equip [...] The post Oracle places an order from GPU nVidia for an amount of $40 billion appeared first on ChannelNews.

News from HD Technology. Visit www.hd-tecnologia.com for the latest news. Oracle has just announced a $40 billion investment to acquire NVIDIA's GPU and build one of the world's largest data centers in Abilene, Texas. This movement is part of the Stargate project, a global initiative that seeks to expand infrastructure for artificial intelligence, with the support of OpenAI, SoftBank and the United Arab Emirates state company MGX. The goal is cl…

Oracle to spend $40B on Nvidia chips for OpenAI data center in Texas

Oracle is reportedly spending about $40 billion on Nvidia’s high-performance computer chips to power OpenAI’s new data center in Texas, marking a pivotal shift in the AI infrastructure landscape that has significant implications for enterprise IT strategies. Oracle will purchase approximately 400,000 of Nvidia’s GB200 GPUs and lease the computing power to OpenAI under a 15-year agreement for the Abilene, Texas facility, the Financial Times repor…

Oracle will invest about $40 billion in Nvidia's high-performance chips to power the new U.S. OpenAI data center, according to the Financial Times of May 23. This investment takes place as part of the project (more...)This Oracle article will buy for 40 billion dollars of Nvidia chips according to the Financial Times appeared first on The Digital Review.