OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power from Oracle Corp. in the United States. The scale and timing of the deal ...

Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI infrastructure — was first announced in January at the White House. So far, Oracle has ...

After closing up 5% on Wednesday, Oracle stock continued to gain, climbing 3.2% to $237.35 on Thursday. And it seems investors aren’t the only ones who believe the news, as anal ...

A partnership between OpenAI and Oracle could lead to the construction of another large data center in Wyoming.  Cheyenne is ...

Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...

OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial ...

OpenAI says that it will team up with Japanese conglomerate SoftBank and with Oracle, among others, to build multiple data centers for AI in the U.S. The joint venture, called the Stargate Project ...

Oracle, along with development partner Crusoe, has already built a large-scale data center in Abilene, Texas, for OpenAI. The current 1.2 GW capacity there is being scaled up to 2 GW.

"Regardless of the entity servicing the demand, we believe 5GW of US demand from OpenAI training positions the industry for potential record data center leasing in 2025," TD Cowen said in its latest ...

OpenAI will rent “additional capacity from Oracle totaling about 4.5 gigawatts of data center power in the US,” Bloomberg reports. [Link: Oracle, OpenAI Expand Stargate Deal for More US Data Centers | ...

April 17, 2025: OpenAI has released o3 and 04-mini, two reasoning AI models designed to be extra good at programming, math, ...