Oracle to buy $40B of Nvidia chips for OpenAI data center, FT reports

Oracle (ORCL) will spend around $40B on Nvidia’s (NVDA) high-performance computer chips to power OpenAI’s new giant U.S. data center, according to Financial Times. Oracle will purchase around 400,000 of Nvidia’s GB200 chips, its latest “superchip” for training and running AI systems, and lease the computing power to OpenAI, according to FT’s Tabby Kinder and George Hammond, citing several people familiar with the matter.

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