OpenAI has reportedly agreed to pay Oracle $30 billion annually for data center services, marking a significant partnership between the two companies. This deal is expected to enhance OpenAI's infrastructure capabilities while providing Oracle with a substantial revenue boost.
Oracle and OpenAI are collaborating on a $15 billion data center campus in Port Washington, Wisconsin, expected to create over 4,000 construction jobs and 1,000 long-term positions. The project is part of their plan to enhance Stargate capacity and is set to begin construction soon, with completion projected for 2028.