Thursday, 11 September, 2025
OpenAI & Oracle Ink $300 Billion “Project Stargate” Cloud Deal
OpenAI has reportedly signed a five-year, $300 billion cloud computing deal with Oracle under “Project Stargate,” set to begin in 2027. The arrangement includes building data centers with SoftBank and former President Trump, totaling 4.5 gigawatts of power. Alongside this, OpenAI is pursuing a $10 billion chip-deal with Broadcom to design its own AI hardware.
Read full story at The Verge