OpenAI Secures $30 Billion Data Center Services Deal With Oracle For Stargate Initiative
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Asset Type
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Closing
Jul 23, 2025
AI
OpenAI, led by CEO Sam Altman, has entered into a data center services agreement with Oracle valued at $30 billion per year. This transaction is one of the largest cloud contracts ever disclosed, aimed at bolstering OpenAI’s Stargate initiative to secure substantial cloud infrastructure capacity, estimated at 4.5 gigawatts.
Summary of transaction details:
- Deal Type: Data Center Services Agreement
- Transaction Amount: $30,000,000,000
- Client: OpenAI
- Vendor: Oracle
- Key Executive: Sam Altman (CEO of OpenAI)
- Notable Figure: Larry Ellison (founder of Oracle)
OpenAI, which focuses on artificial intelligence and its applications, has positioned itself to significantly reshape cloud infrastructure demands through this deal. The partnership has also had financial implications for Oracle, contributing to Larry Ellison's rise in the billionaire index.
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Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93