Oracle (ORCL) and privately held OpenAI plan to fill their new U.S.-based data center with billions of dollars worth of Nvidia (NVDA)

OpenAI and Oracle (ORCL) intend to start filling a massive new data center in Texas with tens of thousands of powerful

The Stargate Project, an AI initiative announced by former President Trump in January, is expected to require 64,000 Nvidia (NASDAQ:NVDA) GB200 GPUs by 2026, Bloomberg reported. Warning! GuruFocus has detected 3 Warning Signs with NVDA.

Investing.com -- OpenAI and Oracle (NYSE: ORCL) plan to fill a new data center in Texas with billions of dollars worth of Nvidia (NASDAQ: NVDA )’s AI superchips as part of the "Stargate" infrastructure project, Bloomberg reported Thursday, citing unnamed sources.

Oracle's competitive pricing and strategic positioning make it an ideal partner for OpenAI, complementing Microsoft's Azure and easing capacity constraints. Learn more on ORCL stock here.

SoftBank Group CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news website reported on Saturday, citing people familiar with the matter.

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