9 Articles
9 Articles
Oracle To Splurge $40 Billion On Nvidia Chips For Mega AI Data Center In Texas
Oracle To Splurge $40 Billion On Nvidia Chips For Mega AI Data Center In Texas As the U.S. heads into Memorial Day weekend, with pools opening, millions set to travel, and backyard barbecues just ahead, a late-session report from the Financial Times revealed that one of President Trump's first Project Stargate AI infrastructure projects is underway in Texas. According to FT's sources, the under-construction AI data center in Abilene, Texas, is…
Oracle to Snap Up $40 Billion in Nvidia Chips for OpenAI's U.S. Supercenter - Wall Street Pit
Oracle Corp. (ORCL) will invest $40 billion in 400,000 Nvidia Corp. (NVDA) GB200 chips to power OpenAI’s Abilene, Texas data center, part of the Stargate Project, with operations starting mid-2026. The project, financed by $9.6 billion from JPMorgan Chase & Co. (JPM) and $5 billion from Crusoe and Blue Owl…
Coverage Details
Bias Distribution
- 75% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage