May 23, 2025 – 11:18 AM PDT
Oracle plans to invest approximately $40 billion in Nvidia’s high-performance chips to support OpenAI’s new U.S. data center, according to a report from the Financial Times on Friday.
The cloud service provider is set to acquire around 400,000 of Nvidia’s top-tier GB200 chips and will lease the computing power to OpenAI, as mentioned by several sources familiar with the situation.
Neither OpenAI, Nvidia, nor Oracle has responded to requests for additional information.
This data center will be part of the U.S. Stargate initiative, which is spearheaded by major AI companies in an effort to strengthen America’s position in the artificial intelligence landscape amidst increasing global competition.
