Oracle is reportedly spending $40 billion on 400,000 Nvidia AI chips to power OpenAI's massive new Texas data center.

Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new U.S. data center, the Financial Times reported on Friday.

The data center is expected to be fully operational by mid-next year, and Oracle has agreed to lease the site for 15 years, ...