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1 year ago
Oracle’s $40 Billion Investment in Nvidia Chips for OpenAI’s Data Center
News Summary
Oracle is set to invest $40 billion in acquiring high-performance Nvidia chips to support OpenAI’s new data center in Abilene, Texas. This strategic move is part of the US Stargate Project and is aimed at meeting the increasing computational demands of OpenAI. The investment also positions Oracle to strengthen its standing in the cloud services market, competing with major players such as Microsoft and Google.
Story Coverage
ft.comOracle to buy $40bn of Nvidia chips for OpenAI’s new US data centre
Read Full Article →businesstimes.com.sgOracle to buy US$40 billion of Nvidia chips for OpenAI's US data centre ...
Read Full Article →thehindubusinessline.comOracle to buy $40 billion of Nvidia chips for OpenAI's US data center ...
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