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1 year ago
OpenAI Partners with Oracle for $30 Billion Annual Cloud Deal
News Summary
OpenAI has entered a significant partnership with Oracle, signing a $30 billion annual cloud deal. This collaboration involves OpenAI renting approximately 4.5GW of capacity from Oracle, facilitated through the Stargate joint venture. Oracle, an investor in Stargate, will develop multiple data centers to support OpenAI’s generative AI efforts. This expansion includes a major data center in Abilene, Texas, developed in partnership with Crusoe. The deal marks a substantial commitment between OpenAI and Oracle, highlighting the scale and ambition of OpenAI’s AI projects.
Story Coverage
ft.comOpenAI signs $30bn data centre deal with Oracle
Read Full Article →datacenterdynamics.comOpenAI confirmed to be behind $30bn-a-year Oracle cloud deal, 4.5GW expected across multiple data center sites
Read Full Article →datacenterdynamics.comOracle reveals cloud deal worth $30 billion a year - DCD
Read Full Article →financialpost.com
