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TechRadar
TechRadar
Craig Hale

OpenAI is massively upping its Oracle cloud capacity to power Project Stargate - is this the mystery $30bn deal?

Oracle OpenAI Safra Catz Sam Altman
Sam Altman and OpenAI.
  • Oracle will more than double its cloud revenue in FY2028 with a $30 billion deal
  • OpenAI's Project Stargate will see $500 billion invested across the US
  • The AI firm is set to lease an additional 4.5GW from Oracle

OpenAI has said it is set to lease an additional 4.5 gigawatts of data center power on top of its current portfolio from Oracle to fuel its upcoming Project Stargate – a major initiative to expand its AI data center infrastructure across the United States.

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