OpenAI's new data center in Texas to launch by mid-2026 with Oracle's $40 billion investment

Oracle's $40 billion investment in Nvidia chips marks a significant step in enhancing OpenAI's capabilities, reducing its reliance on Microsoft. The Abilene, Texas data center is a key part of the US Stargate Project aimed at bolstering the nation's AI leadership.

Sources:
Yahoo Finance
Updated 3h ago
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Sources: Yahoo Finance
Oracle Corporation is investing $40 billion in Nvidia chips to support OpenAI's new data center in Abilene, Texas, which is part of the US Stargate Project. The center is expected to be fully operational by mid-2026 and aims to enhance the U.S. position in the global AI race.

As part of the agreement, Oracle will acquire approximately 400,000 of Nvidia's powerful GB200 chips and lease the computing power to OpenAI. This strategic move is intended to reduce OpenAI's dependence on Microsoft, whose computing resources have struggled to meet the increasing demands of OpenAI's AI models.

The establishment of this data center reflects a broader trend among leading AI companies to strengthen the U.S. technological infrastructure and maintain a competitive edge in the rapidly evolving AI landscape.
Sources: Yahoo Finance
OpenAI plans to launch a new data center in Abilene, Texas, by mid-2026, supported by Oracle's $40 billion investment in Nvidia chips. This initiative aims to bolster the U.S. position in the global AI race and reduce OpenAI's reliance on Microsoft for computing resources.
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Key Facts
  • Oracle Corporation is set to spend about $40 billion on Nvidia's top-tier chips to support OpenAI's upcoming data center in the US.Yahoo Finance
  • The data center will be located in Abilene, Texas, as part of the US Stargate Project—an initiative driven by leading AI companies.Yahoo Finance
  • Oracle will purchase approximately 400,000 GB200 chips and lease the computing power to OpenAI.Yahoo Finance
  • The data center is expected to be fully operational by mid-2026.Yahoo Finance
  • This move is seen as a step toward reducing OpenAI's reliance on Microsoft, whose computing resources have struggled to keep up with the growing demands of OpenAI's AI models.Yahoo Finance
Key Stats at a Glance
Oracle's investment amount
$40 billion
Yahoo Finance
Number of GB200 chips to be purchased
400000 chips
Yahoo Finance
Expected operational date of the data center
mid-2026
Yahoo Finance
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