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

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

Oklo has partnered Vertiv to co-develop power and thermal management solutions for hyperscale and colocation data centres.

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 ...

The huge deal with Oracle marks a major step forward in OpenAI's journey to 10 gigawatts, as outlined in its four-year, $500 ...

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

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

OpenAI and SoftBank scale back their $500B Stargate project, shifting focus to a smaller AI data center amid internal disagreements and evolving priorities.

(Reuters) -Cloud firm Oracle and OpenAI plan to develop 4.5 gigawatts of additional data center capacity, the ChatGPT ...

Amazon is expected to spend more than $100 billion on capital expenditures this year. AWS is slowly losing market share to ...