Thursday, 11 September, 2025
OpenAI Signs $300 Billion Oracle Pact for Massive Compute Expansion
OpenAI has reportedly struck a staggering $300 billion, five-year deal with Oracle to procure massive compute power as part of its Project Stargate AI infrastructure push. The contract—which begins in 2027—is expected to cover 4.5 gigawatts of data center capacity. Oracle shares jumped sharply on the news, as the pact underscores the scale of resources needed to fuel rapidly evolving AI development.
Read full story at Economic Times