Report: OpenAI signed $300 billion cloud computing deal with Oracle

OpenAI is revealed as one of the largest Oracle customers with outstanding orders of some $300 billion.
The 4.5 GW data center run by Oracle in Abilene, Texas is at the heart of the deal. (Picture: OpenAI)
In what could be one of the largest data center deals ever, OpenAI is identified by The Wall Street Journal as a significant contributor to Oracle’s recent jump in new orders.

The cloud computing giant announced on Tuesday a jump of some 359% in committed deals for $455 billion in outstanding orders — surprising the market and sending its stock up 35.95% on Wednesday, CNBC reports.

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Stargate was not dead: OpenAI announces 4.5 GW data center in Texas

The first Stargate data center is already partly up and running.
What problems? Parts of the Stargate Abilene data center are already starting to come online. (Picture: OpenAI)
Following reports over the weekend that the Stargate project, aiming to invest $500 billion dollars in 10 GW of datacenter capacity, was in trouble over crucial terms like where to put them, OpenAI has responded:

Their new 4.5 GW data center in Abilene, Texas, built in cooperation with Oracle, is indeed part of the Stargate project, they say. As a reply to the report, they are showing operations are already starting.

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