Oracle buys Nvidia chips for OpenAI's U.S. data center

Oracle will purchase $40 billion worth of Nvidia chips to supply computing power to OpenAI's new U.S. data center. This deal aims to bolster OpenAI's AI capabilities. The purchase involves approximately 400,000 of Nvidia's GB200 chips, which Oracle will lease to OpenAI. This agreement supports the U.S. Stargate project, a collaborative effort to strengthen American AI dominance. The Financial Times reported the deal, citing sources familiar with the matter. OpenAI, Nvidia, and Oracle have not yet commented on the report.