AI
Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center: Report
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Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center, the Financial Times reported on Friday.
The data center, situated in Abilene, Texas, is part of the U.S. Stargate Project, led by top AI firms in the country, to boost America’s heft in the artificial intelligence industry amid heating global competition.
The cloud service provider will purchase around 400,000 of Nvidia’s most powerful GB200 chips and lease the computing power to OpenAI, the report said, citing several people familiar…
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