OpenAI expands Oracle data center deal
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The latest agreement between OpenAI and Oracle will expand Stargate’s data center capacity, ultimately surpassing the halfway point of their goal.
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Trump's AI vision takes shape as Oracle and OpenAI expand massive Stargate infrastructure project
Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI infrastructure investment creating over 100,000 jobs.
The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by year-end.
AI hype man and OpenAI CEO Sam Altman has convinced his buddies at Oracle to bring an additional 4.5 gigawatts of datacenter capacity online in the US as part of the startup's Stargate initiative.
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SoftBank–OpenAI’s Stargate Project hits roadblock; Musk says ‘They simply don’t have the money!’
Elon Musk has raised concerns about OpenAI and SoftBank's Stargate initiative, which has scaled back due to internal conflicts. Originally planned to revolutionise AI infrastructure, the project now aims for a smaller facility in Ohio,
Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost.
Oracle stock was down after a report the Stargate AI project has been scaled back in the near term. But the company is still set to gain from a huge deal with OpenAI.
Trump-backed $500 billion AI moonshot already stalling The $500 billion Stargate project, trumpeted at the White House as America’s grand AI leap forward, is looking more like a tire fire than the start of a golden age.