Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new U.S. data center, the Financial Times reported on Friday.The data center, situated in Abilene, Texas, is part of the U.S. Stargate Project, led by top AI firms in the country, to boost America's heft in the artific

Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new US data center, the Financial Times reported on Friday.

A data center in Texas that startup Crusoe is building for OpenAI has secured $11.6 billion in funding to expand from two to eight buildings.