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

SoftBank and OpenAI’s partnership on a $500 billion project to build AI data centers stalls six months after launch.

OpenAI has been named as the customer behind Oracle ’s recently announced $30 billion-per-year cloud computing contract, with the tech company leasing approximately 4.5 gigawatts of data center power to support its expanding AI workloads. Oracle first announced the contract earlier in July, though it did not initially name the client.

OpenAI has added Google Cloud to its list of infrastructure providers alongside Microsoft, Oracle, and CoreWeave to meet soaring AI demands.

Since launching ChatGPT in late 2022, OpenAI has faced increased demand for computing power to train large language models.

As Oracle (ORCL) joins the Stargate Project, a new $500B AI infrastructure initiative, are there risks to Microsoft (MSFT) - OpenAI partnership. Read more here.

OpenAI, Oracle, Nvidia and Cisco are ... The project, in collaboration with Emirati firm G42, will span 10 square miles and include a 5-gigawatt capacity. Money Report. News 1 hour ago