Oracle to Purchase 400,000 NVIDIA Blackwell Chips for Stargate Datacentre
Located in Texas, the datacentre will be operational by mid-2026
Oracle is investing $40 billion to purchase NVIDIA chips for a massive AI data centre being built for OpenAI, according to the Financial Times.
The deal includes around 400,000 GB200 Grace Blackwell processors, each combining two NVIDIA B200 GPUs with a 72-core CPU.
The data centre, located in Abilene, Texas, is expected to draw 1.2 gigawatts of power and will be operational by mid-2026.
This project is part of OpenAI’s $500 billion Stargate initiative to develop a network of advanced AI data centres.
Oracle, SoftBank, MGX, and OpenAI are key partners, with OpenAI and SoftBank investing $18 billion each, while Oracle and MGX contribute $7 billion apiece.
The Texas facility, owned by Crusoe Energy Systems and Blue Owl Capital, is leased to Oracle for 15 years.
Oracle will provide computing capacity to OpenAI, following the end of its exclusive cloud hosting agreement with Microsoft.