OpenAI and Oracle still have to build this monster data center, which will be a costly endeavor, both in cash and in energy.

The deal is part of Stargate, a $500 billion project launched by OpenAI, Oracle, and SoftBank earlier this year.

In addition to the 4.5 gigawatts of capacity announced today, Oracle is responsible for building one of OpenAI’s Texas data ...

OpenAI and Oracle will develop another 4.5 gigawatts of data center capacity, expanding their partnership under the Stargate ...

OpenAI CEO Sam Altman has confirmed that his company is the client behind Oracle’s massive $30 billion per year cloud ...

OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!

"To support our bull case, we believe that [Oracle] will likely raise incremental debt (we are assuming an additional $20bn of debt) to meet this bull case, which at a 5% interest rate would increase ...

OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas.

OpenAI has partnered with Oracle to expand its Stargate AI project, adding 4.5GW of capacity and advancing its U.S. AI ...

Additionally, it has enjoyed good customer retention throughout its cloud transition and is experiencing solid annual contract value growth. However, Pegasystems has displayed inconsistencies on the ...

Crusoe, the startup developing a giant data center for OpenAI’s $500 billion Stargate effort, is raising around $1 billion in a bid to join the race to provide computing power for artificial ...

Investors have backed startups like $300 bln OpenAI in the hope that innovators will grab users and pricing power. But the ...