Oracle plans to spend approximately $40 billion on high-performance Nvidia chips to support OpenAI's new data center in Abilene, Texas. This initiative is part of the U.S. Stargate Project, aimed at enhancing the country's position in the competitive AI industry. The purchase will involve around 400,000 of Nvidia's GB200 chips, which Oracle will lease to OpenAI.

OpenAI is set to establish a significant data center in Abu Dhabi, with the first 200-megawatt phase expected to be completed by the end of 2026. Funded by G42 and operated in partnership with Oracle, the project also includes collaborations with SoftBank, Nvidia, and Cisco, although the total cost remains undisclosed.