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Oracle, OpenAI, SoftBank unveil Stargate data center expansions

CNBC · Just In
CNBC
CNBC
Just In

Oracle has teamed up with OpenAI and SoftBank to announce five new Stargate sites across Texas, New Mexico, Ohio, and the Midwest to the tune of $400 billion.

Breakdown
  • Oracle, OpenAI, and SoftBank announce five new Stargate data center sites in the US. 7s
  • The initiative's investment increases to over $400 billion and nearly seven gigawatts of capacity. 24s
  • Executives say large-scale infrastructure is necessary to support AI's rapid growth. 1m 5s
  • The expansion is additive to a recent $100 billion NVIDIA-OpenAI partnership, totaling 17 gigawatts required. 2m 36s
  • Companies are considering nuclear and renewable energy sources to power the new data centers. 2m 9s
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