Overview

• OpenAI said it will develop five facilities with Oracle and SoftBank’s SB Energy, expanding its Stargate infrastructure push and taking planned capacity to nearly 7 GW, according to reporting.
• Nvidia outlined a framework to invest up to $100 billion in staged tranches reportedly around $10 billion per 1 GW completed toward a target of about 10 GW, while supplying its latest processors.
• Three sites will be built with Oracle in Shackleford County, Texas, Doña Ana County, New Mexico, and an undisclosed Midwest location, with two SB Energy–operated sites in Lordstown, Ohio, and Milam County, Texas.
• Coverage describes urgent, last‑minute negotiations between Jensen Huang and Sam Altman without investment banks, with Microsoft told only a day before and previously losing exclusive provider status.
• Analysts continue to question financing and viability as OpenAI’s 2025 revenue is about $10 billion with losses estimated above $5 billion, Oracle faces heavy leverage, and Nvidia has said each GW of AI capacity could cost around $50 billion, with first completions reported for the second half of next year.