financetom
Business
financetom
/
Business
/
Market Chatter: OpenAI to Rent Additional 4.5 GW of Power From Oracle Data Centers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: OpenAI to Rent Additional 4.5 GW of Power From Oracle Data Centers
Jul 2, 2025 12:24 PM

03:06 PM EDT, 07/02/2025 (MT Newswires) -- OpenAI agreed to rent additional capacity from Oracle (ORCL) totaling roughly 4.5 gigawatts of data center power in the US, Bloomberg Reported Wednesday, citing people familiar with the work.

Oracle and OpenAI did not immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 226.52, Change: +7.56, Percent Change: +3.45

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Market Chatter: Baltimore Bridge Collapse Likely to Worsen Already Strained Global Shipping; To Impact Export of India-bound Coal
Update: Market Chatter: Baltimore Bridge Collapse Likely to Worsen Already Strained Global Shipping; To Impact Export of India-bound Coal
Mar 26, 2024
01:25 PM EDT, 03/26/2024 (MT Newswires) -- (Updates with the American Trucking Associations' statement in the seventh paragraph and the headline and eighth paragraph with comments from Xcoal Energy & Resources CEO.) The collapse of the Francis Scott Key Bridge in Baltimore early Tuesday likely will worsen global trade flows, a shipping analyst told Bloomberg. Emily Stausboll, an analyst with...
Visa, Mastercard reach $30 billion settlement over credit card fees
Visa, Mastercard reach $30 billion settlement over credit card fees
Mar 26, 2024
* Fees would decline over five years, consumers may benefit * Critics say settlement offers merchants little relief * Court approval required, likely not before late 2024 (Adds comments from trade groups, Visa and Mastercard ( MA ); adds details on settlement and fees, stock prices, case citation) By Jonathan Stempel NEW YORK, March 26 (Reuters) - Visa and Mastercard...
International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says
International Paper weighs $6.3 bln bid for London's DS Smith, Sky News reporter says
Mar 26, 2024
March 26 (Reuters) - U.S.-listed paper producer International Paper ( IP ) is weighing a move to gatecrash a 10 billion pound ($12.63 billion) merger of its London-listed rivals, DS Smith ( DITHF ) and Mondi ( MNODF ), by tabling an offer of over 5 billion pounds ($6.32 billion) for DS Smith ( DITHF ), a Sky News reporter...
Apple to hold annual developers conference June 10-14
Apple to hold annual developers conference June 10-14
Mar 26, 2024
March 26 (Reuters) - Apple ( AAPL ) will hold its Worldwide Developers Conference (WWDC) online from June 10 through June 14, it said on Tuesday. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved