<ul><li>Oracle plans to spend $40 billion on Nvidia GB200 AI accelerators for a data centre in Texas for the Stargate infrastructure project with OpenAI and SoftBank.</li><li>About 400,000 high-end chips will be purchased by Oracle for training AI systems, with the capacity leased to OpenAI.</li><li>The Abilene, Texas site is the first Stargate project and is expected to provide 1.2 gigawatts of computing power upon completion next year.</li><li>Stargate aims to reduce OpenAI's dependence on Microsoft for computing infrastructure, with investments from various companies totaling billions.</li></ul>

Oracle ‘To Spend $40bn’ On Nvidia Chips For Stargate Campus

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