Oracle will purchase $40 billion worth of NVIDIA chips for OpenAI's newly built data centers in the United States.

Oracle to Purchase $40 Billion Worth of NVIDIA Chips for OpenAI's New US Data Center

Oracle will spend approximately $40 billion on NVIDIA high - performance computing chips to power OpenAI's new giant data center in the US. The data center in Abilene, Texas, is known as the first Stargate project in the US. This data center plan, led by OpenAI and SoftBank with a total investment of up to $500 billion, is expected to be completed next year. By then, it will provide 1.2 gigawatts of electricity and become one of the largest data centers in the world. According to multiple informed sources, Oracle will purchase about 400,000 NVIDIA GB200 chips and lease the computing power to OpenAI. Crusoe Energy Systems, the owner of the site, and Blue Owl Capital, a US investment firm, have raised $15 billion in debt and equity financing to fund the Abilene project, which will include eight buildings.

—— Financial Times (Full - text Screenshot)

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