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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

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

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
Nutrition label

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

Informative language

75

Neutral language

4

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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