Oracle to Invest $40 Billion in Nvidia Chips for OpenAI Data Center Project

Reported 1 day ago

Oracle Corporation plans to spend around $40 billion on Nvidia's GB200 chips to establish a data center in Abilene, Texas, for OpenAI, aimed at enhancing the US’s position in the AI sector. The center, part of the Stargate Project, is expected to be operational by mid-2026 and will help reduce OpenAI's dependency on Microsoft for computing resources.

Source: YAHOO

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