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OpenAI, Oracle and Stargate

TechRepublic · 2d

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.

The Straits Times · 3d

OpenAI inks deal for massive amount of AI computing power from Oracle’s US data centres

To meet OpenAI's demand, Oracle will develop multiple data centres across the US with partners, sources said. Read more at straitstimes.com. Read more at straitstimes.com.

Business Standard · 2d

Oracle, OpenAI expand Stargate deal to build more US data centres

Oracle shares gained as much as 3.9 per cent to $227.46, a record high, following the news. The stock has jumped 36 per cent this year, fueled by investor enthusiasm in its cloud business

3don MSN

Oracle's Stargate deal demonstrates strength of hyperscalers: BNPP

Oracle's (NYSE:ORCL) expanded role in the Stargate Project reinforces BNP Paribas Exane's belief that hyperscalers remain of ...

2d

Oracle Wins Big in OpenAI's Stargate Push

OpenAI will lease 4.5 GW of data-center capacity from Oracle (NYSE:ORCL), fueling its massive Stargate AI infrastructure ...

The American Bazaar3d

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 ...

BW Businessworld3d

OpenAI Strikes $30 Bn Annual Deal With Oracle To Power Massive AI Expansion

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant ...

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