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OpenAI Signs $300 Billion Cloud Deal with Oracle: Powering the Next Era of AI

OpenAI has signed what is reported to be one of the largest cloud computing contracts in history, a $300 billion agreement with Oracle spanning roughly five years starting in 2027. This deal is a cornerstone of OpenAI’s ambitious infrastructure initiative called Project Stargate, aimed at building massive AI data centers across the United States. Key Details The $300 billion contract covers computing resources Oracle will provide to OpenAI to power its AI models and services. The deal aligns with building 4.5 gigawatts of new data center power capacity , which is enough electricity to power more than four million U.S. homes. Project Stargate involves partners including OpenAI, Oracle, SoftBank, and former President Trump and envisions investing over $500 billion into AI infrastructure over the next few years. This cloud computing pact far exceeds OpenAI’s current revenues and signals the skyrocketing costs and scale required to develop and deploy advanced AI systems. ...