OpenAI has reportedly pledged $300 billion to Oracle over a five‑year period to secure up to 4.5 gigawatts of power for new data‑center capacity, a deal announced by major newspapers and slated to begin in 2027. The agreement, part of OpenAI’s broader push to diversify beyond Microsoft Azure, ties into the company’s Stargate Project, a multi‑billion‑dollar effort to build AI infrastructure with partners including Oracle, Microsoft, Nvidia and Softbank. The deal reflects soaring demand for generative‑AI compute, with U.S. data‑center numbers having nearly doubled since 2021 and power consumption expected to double again by 2035.
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