OpenAI Inks $30bn Deal with Oracle for 4.5GW of Computing Power
AinvestFriday, Jul 4, 2025 3:25 pm ET

OpenAI has secured a $30bn cloud deal with Oracle, the largest cloud agreement for AI to date. The deal provides 4.5GW of computing power and is part of OpenAI's "Stargate" data center initiative. Oracle will establish multiple data centers across the US and enhance a 1.2GW facility in Abilene, Texas, using Nvidia's high-performance GB200 chips. This deal signifies a major expansion of OpenAI's Stargate project, which aims to provide substantial computing resources for advanced AI models.

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