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408 Why OpenAI and Oracle’s AI Data Center Plan Hinges on a Little-Known Startup

The Information
Anissa Gardizy @ The Information · 10/16/2024 15:01 EDT

The artificial intelligence race is lifting previously unknown data center startups that say they can move faster than bigger developers.

The latest is Crusoe Energy, which on Tuesday announced a deal to borrow $3.4 billion to develop a data center that could eventually become one of the largest in the world. Oracle, a cloud provider, will lease the site and rent servers with Nvidia's artificial intelligence chips to OpenAI, The Information has reported.

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