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OpenAI signed a large order of 300 billion dollars with Oracle, expanding the scale of StarGate cloud computing.
OpenAI has once again made a shocking announcement, signing a cloud computing contract worth up to $300 billion with Oracle (, lasting five years. This enormous funding will be used to support the AI computing needs of the "StarGate" ) project.
StarGate was revealed in January this year, with an investment scale exceeding 500 billion.
In January of this year, OpenAI, Oracle, and SoftBank jointly announced the establishment of a joint venture "StarGate," which is strongly supported by the Trump administration.
SoftBank founder Masayoshi Son stated during an interview that the company will immediately deploy $100 billion and increase funding for AI projects to over $500 billion, while also building physical campuses and a super-large data center with a total power of up to 4,500 megawatts, equivalent to the power generation capacity of several nuclear power plants. NVIDIA ( and Microsoft ) will also participate.
( Masayoshi Son: This is the beginning of the golden age of artificial intelligence! Trump announces a $500 billion StarGate AI infrastructure plan )
OpenAI partners with Oracle and Broadcom to establish a major collaboration
On September 11, according to The Wall Street Journal, OpenAI has officially signed a contract with Oracle, committing to purchase $300 billion worth of cloud computing resources over the next five years. The contract will officially take effect starting in 2027, indicating that the next few years will enter an expansion period.
On the financial side, OpenAI's revenue for this year is expected to reach 12.7 billion dollars. In addition to this cloud deal, OpenAI is also believed to be a driving force behind another AI chip design contract worth about 10 billion dollars with American chip giant Broadcom, indicating that OpenAI is actively working on creating its own AI computing chips to reduce its reliance on Nvidia.
(OpenAI collaborates with Broadcom to launch its own AI chip, expected to debut by 2026)
The "billion-level" contract drives Oracle's stock price to soar, with the founder closing in on the world's richest person.
In the latest financial report of Oracle, CEO Safra Catz publicly stated that the company expects to sign more customers at the billion-dollar level in the coming months. The "future revenue commitment" ( RPO ) is expected to exceed $500 billion, and the annual cloud infrastructure revenue is expected to grow by 77%.
These impressive numbers caused Oracle's stock price to soar instantly, bringing the company's founder Larry Ellison close to the title of the world's richest person.
( The stock price of Oracle has soared, and Ellison challenges Musk for the title of the world's richest person )
From Sweden to India, StarGate continues to expand strongly.
As of now, the StarGate territory continues to expand outward, extending from Sweden in Europe all the way to India in Asia, with a noticeable acceleration in the pace of expansion. Sweden, due to its abundant green energy and efficient power grid, with renewable energy sources such as hydropower and wind power accounting for over 60% in the long term, has become an important computing hub in Europe.
India, with its vast talent pool, rapidly growing digital infrastructure, and policy support, is becoming a strategic hotspot for the next large AI computing center. This means that StarGate is no longer limited to a single market, but is establishing a global layout to build a cross-continental super-large cloud and AI computing network.
(OpenAI brings StarGate to Europe! The first stop is Norway, introducing 100,000 NVIDIA GPUs)
This article states that OpenAI signed a $300 billion deal with Oracle to expand the StarGate cloud computing scale, first reported by Chain News ABMedia.