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U.S. media: OpenAI and Oracle will announce the expansion of data centers in Texas.
Jin10 data, September 24th - According to informed sources, OpenAI CEO Sam Altman and Oracle's (ORCL.N) newly appointed co-CEO Clay Magouryk are expected to announce the expansion of their data centers in Texas on Tuesday. Oracle Cloud is operating data centers in the region, and it is expected that the ChatGPT manufacturer will spend 100s of billions on leasing servers from these facilities over the next decade. Just a day before the event, Altman and Nvidia CEO Jen-Hsun Huang announced that the chip design company will invest up to $100 billion in OpenAI at an unspecified time to help the startup develop its own data centers.