Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new U.S. data center, the Financial Times reported on Friday.

The data center is a part of the US Stargate project, led by top AI firms in the country, to boost America’s heft in the AI industry.

Oracle Corporation (NYSE:ORCL) is set to spend about $40 billion on Nvidia’s top-tier chips to support OpenAI’s upcoming data center in the US, according to Financial Times. The data center, located in Abilene,

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SAN FRANCISCO (Reuters) -The first phase of a massive new artificial data center in the United Arab Emirates will come online in 2026, likely with 100,000 Nvidia chips. The "Stargate UAE" project is part of a deal brokered last week by U.

Oracle Corporation (NYSE:ORCL) and Red Hat announced an expanded collaboration to accelerate hybrid cloud adoption and enhance AI integration. This partnership will provide a more consistent, cloud-native foundation for next-gen workloads,

Agentic AI is not just another technological advancement; it is a paradigm shift that will redefine industries and elevate those who lead its charge.