Oracle commits $40 billion to Nvidia chips for OpenAI's US Stargate data center

Oracle's unprecedented $40 billion purchase of 400,000 Nvidia GB200 chips will power OpenAI's new US data center under the Stargate project, marking a major leap in America's AI infrastructure and global competitiveness.

Sources:
NDTV
Updated 52m ago
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Sources: NDTV
Oracle is committing approximately $40 billion to acquire Nvidia's most advanced GB200 chips to power OpenAI's new US Stargate data center.

This data center is a key component of the US Stargate project, an initiative led by leading AI companies to enhance America's competitive edge in the global artificial intelligence sector.

According to the Financial Times, Oracle will purchase around 400,000 of these high-performance chips and lease the computing power to OpenAI, underscoring a significant investment in AI infrastructure.

"Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new US data center," the report stated.

This move reflects the intensifying global competition in AI technology, with the US aiming to maintain leadership through substantial investments in cutting-edge hardware.

The collaboration between Oracle, Nvidia, and OpenAI highlights the growing synergy between cloud service providers and AI developers to accelerate innovation and deployment of AI capabilities.

The US Stargate project represents a strategic effort to consolidate resources and expertise among top AI firms, positioning the country at the forefront of AI advancements.

Overall, Oracle's $40 billion commitment to Nvidia chips for OpenAI's data center marks a pivotal step in bolstering the US AI ecosystem amid rising international competition.
Sources: NDTV
Oracle plans to invest $40 billion in Nvidia's high-performance GB200 chips to power OpenAI's new US Stargate data center, aiming to strengthen America's AI industry presence amid global competition, according to the Financial Times.
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Key Facts
  • Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new US data center.NDTV
  • Oracle plans to purchase approximately 400,000 Nvidia GB200 chips, the company's most powerful chips, to support its new US data center.NDTV
  • The new data center is part of the US Stargate project, which aims to boost America's AI capabilities amid increasing global competition.NDTV
  • Oracle will lease the computing power from these Nvidia chips to OpenAI, supporting the AI firm's growth and infrastructure needs.NDTV
  • Oracle's investment is a significant commitment to AI infrastructure, reflecting the company's strategy to support OpenAI's expansion in the US.
Key Stats at a Glance
Oracle's investment in Nvidia chips
$40 billion
NDTV
Number of Nvidia GB200 chips Oracle plans to purchase
400,000 units
NDTV
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