Oracle Acquires Nvidia Chips for OpenAI
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Technology
Oracle Corporation (ORCL) Plans $40 Billion Nvidia Chip Purchase for OpenAI Data Center Project, FT Says

75% Informative
Oracle Corporation ( NYSE : ORCL ) is set to spend about $40 billion on Nvidia ’s top-tier chips.
The data center, located in Abilene , Texas , is part of the US Stargate Project .
Oracle has also signed a 15-year lease for the site.
The move is seen as a step toward reducing OpenAI 's reliance on Microsoft .
VR Score
75
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75
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