financetom
Business
financetom
/
Business
/
Oracle, OpenAI to add 4.5 gigawatts data center capacity for Stargate venture
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Oracle, OpenAI to add 4.5 gigawatts data center capacity for Stargate venture
Jul 22, 2025 3:52 AM

July 22 (Reuters) - Cloud firm Oracle and

OpenAI plan to develop 4.5 gigawatts of additional data center

capacity, the ChatGPT developer said on Tuesday.

The commitment is part of their Stargate joint venture,

which aims to establish the United States as a leader in

artificial intelligence amid intensifying global competition.

Including a data center site in Abilene, Texas, the

expansion will bring the total data center capacity under

construction to more than 5 gigawatts and is expected to operate

more than 2 million chips, the company said.

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 >
Align Technology Launches AI-Powered X-Ray Detection Software in EU, UK
Align Technology Launches AI-Powered X-Ray Detection Software in EU, UK
Mar 10, 2025
11:37 AM EDT, 03/10/2025 (MT Newswires) -- Align Technology ( ALGN ) said Monday it has launched Align X-ray Insights, an artificial intelligence-powered and computer-aided detection software, in the European Union and the UK. Align X-ray Insights, part of the Align Digital Platform, aids in diagnosing dental conditions, streamlining workflows, and enhancing patient engagement, offering AI-powered detection of caries, periapical...
CERAWEEK-NextEra Energy expects 55% jump in global power demand over the next 20 years, CEO says
CERAWEEK-NextEra Energy expects 55% jump in global power demand over the next 20 years, CEO says
Mar 10, 2025
HOUSTON, March 10 (Reuters) - NextEra Energy ( NEE/PN ) expects a 55% jump in power demand over the next 20 years versus the prior 20 years, John Ketchum, NextEra Energy ( NEE/PN ) CEO told attendees at the CERAWeek energy conference in Houston in Monday. Some 17% of that demand growth will come from data centers, Ketchum added. ...
CERAWEEK-United CEO expects US sustainable aviation fuel credits to survive
CERAWEEK-United CEO expects US sustainable aviation fuel credits to survive
Mar 10, 2025
HOUSTON, March 10 (Reuters) - United Airlines CEO Scott Kirby said on Monday that he expects federal subsidies for sustainable aviation fuel under the Inflation Reduction Act, former President Joe Biden's landmark climate change law, to remain in place. This is one area that has support on both sides of the aisle to be protected, he said at the CERAWeek...
Update: Checkpoint Therapeutics to Be Acquired by India's Sun Pharmaceutical -- Checkpoint Shares Jump Monday
Update: Checkpoint Therapeutics to Be Acquired by India's Sun Pharmaceutical -- Checkpoint Shares Jump Monday
Mar 10, 2025
11:36 AM EDT, 03/10/2025 (MT Newswires) -- (Adds Checkpoint's stock move in the headline and first paragraph. Adds Fortress Biotech's ( FBIO ) stock move in the third paragraph.) Checkpoint Therapeutics ( CKPT ) shares were rising 62% in recent Monday trading after the company and India's Sun Pharmaceutical Industries said Sunday that Checkpoint has agreed to be acquired by...
Copyright 2023-2026 - www.financetom.com All Rights Reserved