PANews reported on March 10th, citing CNBC, that OpenAI has abandoned its plans to expand its Stargate data center in Abilene, Texas, with Oracle, and is insteadPANews reported on March 10th, citing CNBC, that OpenAI has abandoned its plans to expand its Stargate data center in Abilene, Texas, with Oracle, and is instead
OpenAI plans to discontinue its cooperation with Oracle's Texas data center expansion, shifting its core focus to Nvidia's next-generation chips.
For feedback or concerns regarding this content, please contact us at [email protected]
PANews reported on March 10th, citing CNBC, that OpenAI has abandoned its plans to expand its Stargate data center in Abilene, Texas, with Oracle, and is instead seeking to deploy a new generation of Nvidia GPU clusters. The report notes that the existing Abilene project plans to use Nvidia Blackwell chips and is expected to be powered up in a year, while OpenAI hopes to use more powerful next-generation chips at other locations by then. Oracle currently relies heavily on debt to finance its AI infrastructure expansion, with over $100 billion in debt and negative free cash flow. Its partner, Blue Owl, has also refused to fund the new facilities. Analysts suggest that the faster pace of GPU upgrades compared to data center construction cycles could result in infrastructure being outdated by the time it reaches production.
Market Opportunity
NodeAI Price(GPU)
$0.03027
$0.03027$0.03027
USD
NodeAI (GPU) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets
The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
Why Is Crypto Market Up Today? 5 Key Reasons Behind the Rally
The post Why Is Crypto Market Up Today? 5 Key Reasons Behind the Rally appeared on BitcoinEthereumNews.com. The crypto market is rallying today, with Bitcoin climbing
Share
BitcoinEthereumNews2026/03/11 04:47
Chris Burniske Forecasts Big Changes Coming to Cryptocurrency Market
TLDR Chris Burniske predicts that price flows will start driving crypto market narratives. Burniske foresees underperforming cryptocurrencies gaining more attention. Coinbase predicts growth in Q4 2025 driven by positive macroeconomic factors. Tom Lee suggests Bitcoin and Ethereum could benefit from potential Fed rate cuts. A major shift is looming in the cryptocurrency market, according to [...] The post Chris Burniske Forecasts Big Changes Coming to Cryptocurrency Market appeared first on CoinCentral.
Share
Coincentral2025/09/18 00:17