On Tuesday, major artificial intelligence (AI) chip manufacturers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM),

Oracle and OpenAI expand Stargate project with 4.5 gigawatts of data center capacity, part of a $500 billion U.S. AI infrastructure investment creating over 100,000 jobs.

The latest agreement between OpenAI and Oracle will expand Stargate’s data center capacity, ultimately surpassing the halfway point of their goal.

OpenAI has today confirmed the 4.5GW deal for Stargate data center capacity in the US, spread across the country. According to the companies, along with the Stargate I site in Abilene, Texas, OpenAI and Oracle will now have more than 5GW of data center capacity under development.

Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost.

The Stargate Project launched with presidential fanfare and billion-dollar pledges, but six months later, it has no data centres and little to show for its promise

Data center company Khazna is building the backbone for the giant Stargate venture in the Middle East with leading AI companies.

OpenAI partners with Oracle to boost Stargate AI capacity to 5 GW, as Elon Musk targets 50 million H100-scale units for xAI over the next five years.