On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM),

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 latest agreement between OpenAI and Oracle will expand Stargate’s data center capacity, ultimately surpassing the halfway point of their goal.

The ambitious $500 billion Stargate Projectled by OpenAI, SoftBank (TYO:9984), and Oracle (NYSE:ORCL)aimed at boosting U.S. artificial intelligence capabilities, is reportedly shifting focus to a smaller-scale

OpenAI has today confirmed the 4.5GW deal for Stargate data center capacity in the US, spread across the country. According to the companies, along with the Stargate I site in Abilene, Texas, OpenAI and Oracle will now have more than 5GW of data center capacity under development.

(Reuters) -Cloud firm Oracle and OpenAI plan to develop 4.5 gigawatts of additional data center capacity, the ChatGPT developer said on Tuesday. The commitment is part of their Stargate joint venture,

Data center company Khazna is building the backbone for the giant Stargate venture in the Middle East with leading AI companies.

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.