OpenAI Bets the Farm on Oracle: Inside the $30B Per Year Stargate Data Center Gamble
OpenAI has confirmed its unprecedented $30 billion annual agreement with Oracle for data center capacity under Project Stargate—a commitment that triples its current revenue. The deal locks in 4.5 gigawatts of power, equivalent to two Hoover Dams, signaling an infrastructure arms race for AI supremacy at staggering financial and energy costs.