Pins matching tag:Stargate

An 8-K said Oracle had signed several large cloud services agreements, one expected to bring in more than $30 billion of revenue a year from fiscal 2028 - the contract OpenAI later confirmed as its 4.5 GW Stargate lease.

OpenAI said Oracle will develop 4.5 gigawatts of additional Stargate data center capacity in the US, taking Stargate past 5 GW under development and over 2 million chips alongside the Abilene site.

Three new Oracle-built campuses in Shackelford County, Texas, Doña Ana County, New Mexico and the Midwest, plus two SoftBank sites, took Stargate to nearly 7 GW; OpenAI put its Oracle partnership above $300 billion over five years.

Crusoe said the first two buildings of the flagship Stargate campus in Abilene, Texas are up and running on Oracle Cloud Infrastructure for OpenAI, with NVIDIA GB200 racks already running training and inference.

Oracle's new cloud AI supercomputer links hundreds of thousands of NVIDIA GPUs across data centers into multi-gigawatt clusters of up to 16 zettaFLOPS, and is the fabric of OpenAI's Stargate site in Abilene.

Vantage will spend $15 billion-plus on Lighthouse, four data centers with close to a gigawatt of AI capacity in Port Washington outside Milwaukee, as the Midwest site of Oracle's 4.5 GW Stargate deal with OpenAI.

The Barn, a campus of three 550,000 sq ft buildings with more than a gigawatt of capacity in Saline Township, Michigan, joins Oracle's 4.5 GW Stargate deal with OpenAI, with 2,500 union construction jobs.

Related Digital secured financing for its $16 billion data center campus built for Oracle and OpenAI in Michigan: equity from Related and Blackstone funds, fixed-rate long-term debt anchored by PIMCO.

Oracle and BorderPlex replaced Project Jupiter's planned gas turbines and diesel generators with up to 2.45 GW of Bloom fuel cells, cutting NOx by about 92% at the Stargate campus in Doña Ana County, New Mexico.

OpenAI, Oracle, Related Digital, Blackstone, Walbridge and Governor Gretchen Whitmer marked construction of The Barn in Saline Township, the largest investment in Michigan's history, and pledged $10 million to the Saline Recreation Center.

Oracle expects the first capacity at Project Jupiter, its fuel-cell-powered Stargate campus in Doña Ana County, New Mexico, to reach customers in the first half of 2027.

Oracle expects the first capacity at its Port Washington Stargate campus, built by Vantage for OpenAI, to reach customers in the second half of 2027.

Oracle expects The Barn, its 1 GW-plus Stargate campus in Saline Township, Michigan, to start delivering capacity to OpenAI in the second half of 2027.