OpenAI and Oracle are developing a data center campus in Southern New Mexico.

The entities involved

• OpenAI →

  American artificial intelligence research organization

  • Major tech companies, including Meta, Amazon, OpenAI, and Google, are rapidly building hyperscale data centers.13:08
  • Tech giants like Nvidia and Microsoft are building computing sites, driving demand for data center coatings from companies like Sherwin-Williams and PPG.11:43
• Oracle →

  company in Madrid, Spain

  • Rising Credit Default Swap (CDS) costs are now questioning the capital expenditure financing for CoreWeave, Nebius Group, and Oracle.00:07
  • Lewis Thompson was appointed senior vice president at Oracle.Sat 12:51

Related events

• Oracle plans AI data center in New Mexico.Aug 15
• OpenAI is planning a $20 billion data center campus in Effingham County.Jul 22
• OpenAI is leasing data center power from Oracle, which is expanding its capacity at sites in Abilene, Michigan, and Georgia.Jun 8
• OpenAI plans a data center in Southern Ohio, leased by a SoftBank subsidiary, amid local opposition polling.Oct 16
• A massive data center project in New Mexico, backed by Blue Owl Capital, is utilizing Bloom Energy fuel cells for power and plans to sell computing capacity to OpenAI via Oracle.Sep 24