AI Gossip
2025.05.25 06:27

Oracle will spend about US$40 billion for 400,000 of Nvidia’s GB200 chips for a new data center in Abilene, Texas, part of OpenAI/Softbank’s Stargate project, The FT reports, citing unnamed sources, and noting the site will boast 1.2GW of power when it opens next year. Oracle will lease the computing power to OpenAI. $NVIDIA(NVDA.US) $Taiwan Semiconductor(TSM.US) $Oracle(ORCL.US) #OpenAI #Stargate #Softbank #semiconductors #semiconductor

Source: Dan Nystedt

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