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Oracle climbs

Oracle Will Build US Data Centres Supplying 4.5GW Compute for OpenAI’s Stargate Project

Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the US, led by OpenAI, Oracle, Japanese telecoms giant SoftBank, and MGX, an investment firm based in the United Arab Emirates. OpenAI intends to operate the data centres. Oracle will provide server infrastructure and leasing.

Dailymotion on MSN · 3d

OpenAI To Lease Massive Power From Oracle In Stargate Project

OpenAI will lease 4.5 gigawatts of U.S. data center power from Oracle as part of its $500 billion Stargate initiative, according to CNBC. The unprecedented agreement underpins at least part of Oracle’s recently disclosed $30 billion cloud contract set to begin in fiscal 2028.

Seeking Alpha on MSN · 4d

Oracle climbs after expanding Stargate Project with OpenAI: report

OpenAI plans to rent additional data center capacity from Oracle (NYSE:ORCL) for the Stargate Project, according to Bloomberg. Oracle shares climbed 4% during late market action on Wednesday. If the gains hold,

2don MSN

Why Oracle Stock Zoomed Nearly 13% Higher This Week

On the back of positive remarks from the company's CEO and bolstered by an apparent deal with a major artificial intelligence ...

Cryptopolitan on MSN3d

Oracle closes deal for an additional 4.5 gigawatts in expansion of US Stargate

OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power ...

Yahoo Finance4d

Oracle, OpenAI Expand Stargate Deal for More US Data Centers - Yahoo Finance

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.

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