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OpenAI Signs $30bn Data Centre Deal with Oracle
- OpenAI signed a $30 billion annual deal to lease about 4.5 gigawatts of data centre power from Oracle in the United States for AI computing capacity.
- This agreement significantly broadens OpenAI's Stargate initiative, originally started in partnership with SoftBank earlier this year, aimed at securing extensive computing resources to meet escalating demand and follows a recent deal revision with Microsoft.
- Oracle will build multiple data centres across the US, including expanding a 1.2GW facility in Abilene, Texas, developed with data centre start-up Crusoe, to meet OpenAI’s growing infrastructure needs.
- Oracle’s cloud infrastructure business generated $10.3 billion in revenue in 2025, and Oracle shares hit a record high on July 2 as investors reacted to the large contract.
- The contract nearly triples Oracle’s current cloud revenue, reflects OpenAI’s long-term scaling strategy, and marks one of the largest AI-focused cloud agreements to date.
16 Articles
16 Articles
An agreement of $30 billion per year provides that Oracle provides 4.5 GW of computer capacity to ChatGPT's creator, which should build several new 'data centres' in the United States.
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Financial Times
World NewsOpenAI signs $30bn data centre deal with Oracle
Stargate joint venture with SoftBank seeks more computing power to run powerful AI models
OpenAI Expands with Massive Oracle Data Center Lease
OpenAI Expands with Massive Oracle Data Center Lease In a strategic move to augment its computing capacity, OpenAI plans to lease an additional 4.5 gigawatts of data center capacity from Oracle, according to a report by Bloomberg. This lease signifies a major expansion for OpenAI as it seeks to enhance its AI infrastructure.The decision to partner with Oracle underscores OpenAI's commitment to scaling its operations. This partnership provides th…
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