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OpenAI to Lease 4.5 GW Compute from Oracle for Stargate

  • OpenAI is planning to lease 4.5 gigawatts of computing power from Oracle for its Stargate project to meet the AI firm's substantial computational needs.
  • This lease signifies an extraordinary amount of energy, equivalent to powering millions of American homes, with each gigawatt being comparable to the output of a nuclear reactor serving around 750,000 homes.
  • Oracle's recent cloud agreement, projected to generate $30 billion in annual revenue from fiscal 2028 onwards, includes the Stargate arrangement with OpenAI, part of a disclosed contract.
  • Oracle plans to expand its data centre infrastructure across the US to support OpenAI's increasing demand, with potential locations in Texas, Michigan, Wisconsin, Wyoming, New Mexico, Georgia, Ohio, and Pennsylvania.

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