Latest news with #computingpower
Tahawul Tech
2 days ago
- Business
- Tahawul Tech
OpenAI to rent gigawatts of capacity from Oracle
OpenAI has agreed to rent computing power from Oracle for use in US data centres as part of the ChatGPT developers' Stargate joint venture project. Bloomberg reported OpenAI plans to rent data centre capacity from Oracle totalling roughly 4.5 gigawatts. The news site stated a gigawatt is like the capacity output of a single nuclear reactor and enough electricity for roughly 750,000 homes. Its unnamed sources explained Oracle will build multiple data centres across the US with its partners to meet the additional demand from OpenAI. Oracle initially focused on a building a data centre site for OpenAI in the US state of Texas, but Bloomberg explained new sites across Texas, Michigan, Wisconsin and Wyoming are also under consideration. The site in Texas will expand from a current capacity of 1.2 gigawatts to about 2 gigawatts, Bloomberg reported. Open AI is also interested in additional data centre sites in New Mexico, Georgia, Ohio and Pennsylvania. While the new sites will be part of the Stargate project, the news agency noted details of the plan are fluid. Oracle recently stated in a regulatory filing it signed a cloud deal worth $30 billion in annual revenue, with revenue expected to start in fiscal year 2028. The Stargate project with OpenAI will make up part of the $30 billion contract, Bloomberg reported. In May, OpenAI, Oracle, SoftBank Group, Nvidia, and Cisco teamed to build a Stargate AI campus in the United Arab Emirates (UAE), marking the first international deployment of the joint venture. OpenAI and SoftBank Group reportedly want to expand the presence of their $500 billion US project to build out AI infrastructure to additional countries such as the UK, Germany and France. Source: Mobile World Live Image Credit: OpenAI
South China Morning Post
3 days ago
- Business
- South China Morning Post
OpenAI to rent more computing power from Oracle data centres as part of Stargate deal
OpenAI has agreed to rent a massive amount of computing power from Oracle data centres as part of its Stargate initiative , underscoring the intense requirements for cutting-edge artificial intelligence (AI) products. The AI company will rent additional capacity from Oracle totalling about 4.5 gigawatts of data centre power in the US, according to people familiar with the work who asked not to be named discussing private information. That is an unprecedented sum of energy that could power millions of American homes. A gigawatt is akin to the capacity from one nuclear reactor and can provide electricity to roughly 750,000 houses. Earlier this week, Oracle announced that it had signed a single cloud computing deal worth US$30 billion in annual revenue beginning in financial year 2028 without naming the customer. This Stargate agreement makes up at least part of that disclosed contract, according to one of the people. Construction is under way on a Project Stargate AI infrastructure site – a collaboration between OpenAI, SoftBank and Oracle – in Abilene, Texas. Photo: Reuters Stargate – OpenAI's project with partners including Oracle and SoftBank Group to invest US$500 billion in AI infrastructure – was first announced in January at the White House. So far, Oracle has developed a massive data centre in Abilene, Texas, for OpenAI alongside development partner Crusoe.
Bloomberg
4 days ago
- Business
- Bloomberg
Oracle, OpenAI Expand Stargate Deal for More US Data Centers
OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial intelligence products. The AI company will rent additional capacity from Oracle totaling about 4.5 gigawatts of data center power in the US, according to people familiar with the work who asked not to be named discussing private information.
