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OpenAI expands Oracle data center deal

· 10h · on MSN

OpenAI agreed to pay Oracle $30B a year for data center services

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post.

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OpenAI and Softbank’s $500 Billion Data Center Project Is Already Stumbling

· 16h · on MSN

OpenAI, Oracle deepen AI data center push with 4.5 gigawatt Stargate expansion

19hon MSN

SoftBank and OpenAI’s $500 Billion AI Project Struggles to Get Off Ground

The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by ...

12h

OpenAI Seeks Additional Capital From Investors as Part of Its $40 Billion Round

OpenAI, which recently announced a $40 billion round of financing, is seeking funding from new and existing investors to fulfill the deal.

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