US Green Card Freezes Hit Microsoft, IT & Universities
October 13, 2026
OpenAI has committed to a $300 billion cloud infrastructure deal with Oracle over five years, one of the largest AI computing arrangements on record, according to The Wall Street Journal.
In July, Oracle and OpenAI announced their plans to build 4.5 gigawatts of data centre capacity as part of the broader Project Stargate, which also includes SoftBank and former President Trump.
While the announcement did not detail OpenAI’s financial investment in the project, recent reports indicate that the $300 billion deal is set to begin in 2027 officially.
Alongside expected revenues of $12.7 billion, OpenAI is reportedly leading a $10 billion initiative with Broadcom to develop custom AI semiconductor technology.
Also Read – Oracle Shares Skyrocket as Software Giant Scores Massive AI Deals
Shipra Prajapati is a Senior Writer at TradeFlock with over 5 years of experience in business content and digital publishing. She plays a key role in managing articles and blogs while overseeing the digital presence of TradeFlock. With a strong focus on accuracy and credibility, she is responsible for fact-checking and ensuring that all published content meets high editorial standards. in
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