5/7/2025–|Last update: 18:29 (Mecca time)
The company rentedOPII“A new part of the Oracle company to increase the expected computing power of the” Stargit “project announced by the White House last January, according to the Bloomberg report.
The report pointed out that “Oben AI” rented an additional capacity of “Oracle” up to 4.5 GB of data centers in the United States, adding that the use of this volume of energy is unprecedented in the history of the United States and is sufficient to provide millions of houses with energy for a long time.
It is noteworthy that “Oracle” signed a new deal worth 30 billion dollars starting in 2028 with a customer who refused to disclose his name, but according to the “Bloomberg” report, this Stargit expansion is part of the announced deal, and it is expected that the cost of the “Stargit” project will reach 500 billion dollars spending on the infrastructure of artificial intelligence.
Oracle is expected to need to build a number of new databases to meet the needs of the “Stargate” project, as the “Bloomberg” report indicated that the company started building data centers in Texas, Michigan, Weskonen and Wyoming states.
In addition to the expansion of the data center in Abelene, its capacity increases from 1.2 GB to 2 GB, adding that the company is considering building new data centers in the states of New Mexico, Georgia, Ouhayu and Pennsylvania.
Although these new projects will be part of “Stargit”, they may change at any moment, as “Oben AI” refused to respond to these news and “Oracle” did not respond to the request to respond according to the “Bloombberg” report.
On the other hand, the shares of “Oracle” increased by 5% to reach 229.98 dollars, which makes its growth this year only to 38% based on the “Bloomberg” report, which added that the deal, which is worth 30 billion dollars, is currently exceeding the size of the company’s business.