Shock Deal: OpenAI Strikes $30B Data Center Colossus with Oracle!

OpenAI signs $30bn data centre deal with Oracle

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SHOCKING $30 BILLION DEAL! OpenAI and Oracle Team Up for AI Domination!

In a jaw-dropping announcement thatโ€™s sending shockwaves through the tech world, OpenAI has struck a staggering deal to lease 4.5 gigawatts of computing power from Oracle, worth a MOMENTOUS $30 billion a year! This mega-contract is set to catapult OpenAI into the stratosphere of artificial intelligence capabilities, making their โ€œStargateโ€ data center project one of the largest cloud agreements EVER!

EXPANDING THE AI EMPIRE!

This deal represents a GAME-CHANGER in the quest for AI supremacy. Launched in January with SoftBank, the Stargate project is poised to access an astronomical amount of computing power needed to fuel cutting-edge AI models, like the infamous ChatGPT! Weโ€™re talking about a data center that could rival current US operations by 25% โ€“ thatโ€™s an INSANE amount of tech muscle!

BILLIONS UP FOR GRABS โ€“ WHO WILL CASH IN?

The Stargate joint venture is no small potatoes! Backed by $500 billion in investments, OpenAI and SoftBankโ€™s collaboration is shaping up to be a powerhouse in the tech sphere. Reports reveal theyโ€™ve already raised a whopping $50 billion, but theyโ€™re keeping a tight lid on how much has been spent! This is like watching a high-stakes poker game where the stakes keep climbing!

OFF THE CHARTS: ORACLE STOCK SOARS!

Hold onto your hats; Oracle shares just SKYROCKETED to record highs following this bombshell announcement! With revenues from this deal almost TRIPLE the $10.3 billion from their previous infrastructure business, Oracle is officially in the fast lane of cloud computing! As demand for AI services SWELLS, Oracle is positioned to be the go-to provider.

BIG PLANS NATIONWIDE โ€“ DATA CENTERS GALORE!

Oracle is gearing up to deploy data centers across multiple states, including Texas, Michigan, Wisconsin, and more! They also have plans to BOOST a massive 1.2GW facility in Abilene, Texas – powered by 400,000 Nvidia GB200 chips costing around $40 billion! This expansion is nothing short of a tech revolution!

LLAMAS IN THE RING: THE FIERCE COMPETITION!

Larry Ellison is declaring war on tech giants like Amazon and Microsoft, vowing that Oracle will reign supreme. Heโ€™s on a crusade to build more cloud infrastructure than all competitors combined! And with US President Trumpโ€™s ally standing at the forefront, nothing is off-limits in this battle for tech supremacy!

THE CLOUD WARS HEAT UP!

As OpenAI reaches out to new cloud partners and renegotiates terms with Microsoft, the race for AI dominance is getting FEISTY! Agreements with Google and CoreWeave have beefed up their cloud strategy, and eyes are on how these titans will clash in the future.

Buckle up, folks! The AI revolution is just warming up, and weโ€™re here for every electrifying moment! Keep your eyes peeled; this story is just getting started!

photo credit: www.ft.com

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Source: USD @ Thu, 3 Jul.