OpenAI and Oracle plan to deploy hundreds of thousands of Nvidia chips in Texas data centers to support "Stargate"
OpenAI and Oracle plan to start deploying hundreds of thousands of AI chips from Nvidia Corporation in a newly built large data center located in Abilene, Texas over the next few months. This is part of their first facility launch and operation for the "Stargate" infrastructure project, which cost them 100 billion dollars. According to informed sources, by the end of 2026, it is expected that this data center will install 64,000 highly sought-after GB200 semiconductor chips from Nvidia Corporation. These chips will be installed in stages into multiple halls within the data center with an initial batch of 16,000 chips planned to be deployed before this summer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WTI remains above $83.50 as Iran fires missiles following US strikes
Oil jumps more than 2% after US attack on Iran's Larak island
Itochu says no decision yet on reported Dentsu Soken tender offer
After Waller's hawkish speech, the market focuses on "rate hikes", but Morgan Stanley says balance sheet reduction is more likely.
After the Jackson Hole meeting, the market's focus has shifted to interest rate hike expectations. However, Morgan Stanley economist Carpenter pointed out that Walsh's long-standing stance on reducing the $7 trillion balance sheet should not be overlooked. It is expected that the Federal Reserve may begin a balance sheet reduction of more than $1.5 trillion next year, partially replacing rate hikes.
Crypto prices
More
