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OpenAI, Oracle reveal first Stargate data center in Texas: report (ORCL:NYSE)

OpenAI, Oracle reveal first Stargate data center in Texas: report (ORCL:NYSE)

by Chris DeMunbrun | Sep 23, 2025 | AI News

Stargate, a massive $500B joint venture between Microsoft-backed (MSFT) OpenAI, Oracle (ORCL) and SoftBank Group (SFTBY)(SFTBF), revealed the inner workings of its first large-scale data center, located in Abilene, Texas. 
In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing

In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing

by Chris DeMunbrun | Sep 23, 2025 | AI News

OpenAI and Nvidia are discussing an unusual way to structure their new artificial intelligence data center partnership, under which OpenAI would lease Nvidia’s AI chips rather than buying them, according to two people who spoke to executives at the companies about it....
OpenAI to Join Tech Giants in Building 5 New Data Centers in U.S.

OpenAI to Join Tech Giants in Building 5 New Data Centers in U.S.

by Chris DeMunbrun | Sep 23, 2025 | AI News

Working with the Japanese conglomerate SoftBank and the cloud company Oracle, the A.I. start-up will spend $400 billion over the next five years. 
OpenAI’s first data center in $500B Stargate project is open in Texas, with sites coming in New Mexico and Ohio

OpenAI’s first data center in $500B Stargate project is open in Texas, with sites coming in New Mexico and Ohio

by Chris DeMunbrun | Sep 23, 2025 | AI News

In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT ABILENE, Texas — OpenAI and Oracle are betting big on America’s AI future, bringing online the flagship site of the $500 billion Stargate program, a sweeping infrastructure push to secure the...
Nvidia’s Massive OpenAI Deal Fuels ‘Circular’ Financing Concerns

Nvidia’s Massive OpenAI Deal Fuels ‘Circular’ Financing Concerns

by Chris DeMunbrun | Sep 23, 2025 | AI News

(Bloomberg) — Three years after OpenAI and Nvidia Corp. helped kick off the global artificial intelligence frenzy, the two firms are joining forces to pave the way for a more costly phase of development with a deal that’s quickly revived fears of an AI bubble....
Micron forecasts first-quarter revenue above estimates

Micron forecasts first-quarter revenue above estimates

by Chris DeMunbrun | Sep 23, 2025 | AI News

By Arsheeya Bajwa and Stephen Nellis (Reuters) -Micron Technology forecast first-quarter revenue above market estimates on Tuesday, betting on booming demand for artificial intelligence hardware to boost sales of its advanced memory chips as a race to dominate AI tech...
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