OpenAI compute deals

Firmus and OpenAI announced a multi-year agreement for dedicated compute capacity at two Malaysian sites. They did not disclose the OpenAI MW allocation, contract value, or first-capacity date. Firmus's more-than-900 MW company-wide contracted-capacity figure includes multiple customers and is not assigned to this agreement.

An additional $100B over eight years expands the earlier $38B AWS agreement. Approximately 2 GW of Trainium capacity is included. Amazon’s equity investment is separate.

Hardware: Trainium3 / Trainium4

OpenAI announced 750 MW of inference compute to be introduced in phases through 2028. The announcement does not disclose a contract price or individual sites.

Hardware: Cerebras wafer-scale systems

Microsoft disclosed an incremental $250B Azure services purchase by OpenAI. The equity ownership and prior investment are separate from this services commitment.

Vantage, OpenAI, and Oracle announced this Stargate site on October 22, 2025, with completion scheduled for 2028. Vantage's current campus page states 902 MW of critical IT load across four buildings. This is the full site figure, not an OpenAI or Oracle allocation; utility power requirements use a separate basis. The Wisconsin PSC revoked the first transmission application's completeness determination on September 10, 2026. The replacement application is docket 137-CE-229 and remains under review. Oracle's September 16 statement says its commitment to completion is unchanged but gives no first-service date. Construction completion is not a first-capacity target, and no energized-power evidence is recorded.

September expansion only. CoreWeave also disclosed a $4B May expansion and approximately $22.4B in cumulative OpenAI contracts. Do not add the cumulative figure again.

September disclosure of the July Oracle agreement: over $300B across five years and up to 4.5 GW of additional Stargate capacity. This is part of the Stargate program, not capacity additional to its headline total. For Project Jupiter, Oracle proposed an Energy Service Agreement with El Paso Electric on October 13 to support late-stage construction, initial commissioning, emergency backup, and worker life safety. On October 15, Oracle said its revised fuel-cell permit reduced permitted emissions by 35%; on October 22, it described the private microgrid plan and stated up to 2.45 GW of installed fuel-cell generation capacity. Oracle's October 13 update says campus scope and planned capacity did not change. The 2.45 GW power-system rating is recorded separately from this compute agreement. These releases do not confirm energization or a revised customer delivery date. Oracle's reported force-majeure notice and debt-market concerns remain unverified in company or regulatory filings; they are not treated as changed contract terms. The proposed utility agreement does not disclose an MW allocation; its expected $10M annual power payment is not compute-contract value or project investment. A separate proposed ratepayer credit is not campus capacity or customer compute.

Nscale and Aker announced a 230 MW initial campus with ambition for another 290 MW. Nscale later disclosed a possible 115 MW Narvik expansion backed by an uncommitted financing feature. OpenAI welcomed the opportunity to be an initial offtaker; the announcement does not state a signed OpenAI capacity allocation. OpenAI's page describes a 500 MW data center. These figures may describe the Narvik development also covered by Microsoft/Nscale announcements, so this record is excluded from capacity totals. Nscale and Aker said they committed about $1B to an initial 20 MW phase; this is project financing/investment, not an OpenAI contract value. The end-2026 target is a GPU deployment target, not proof of first energization.

Hardware: 100,000 NVIDIA GPUs targeted initially

Initial compute agreement. Later expansions are separate records; the September cumulative figure is not another contract.

Stargate is a new company that intends to invest $500B over four years in U.S. AI infrastructure for OpenAI, beginning with $100B. Initial equity funders: SoftBank, OpenAI, Oracle, and MGX. Technology partners: Arm, Microsoft, NVIDIA, Oracle, and OpenAI. This is a project-company build, not a bilateral cloud offtake. The $100B figure is the initial deployment; the $500B figure is the stated intention.