Amazon, Google, Meta, Microsoft, Xai, Oracle and OpenAI will sign an agreement to build their own electricity supply for AI data centers.

Feb 25, 2026, 5:59:37 PM UTC(4 hours ago)

Impact: High

Affected Assets

Amazon, Google, Meta, Microsoft, Xai, Oracle and OpenAI will sign an agreement to build their own electricity supply for AI data centers.
Amazon, Google, Meta, Microsoft, Xai, Oracle, and OpenAI will jointly build their own electricity supply for AI data centers.
These companies have been significantly increasing capital expenditures on AI infrastructure, with Amazon, Google, Meta, and Microsoft leading the way.
OpenAI has been actively building new computer data centers, including partnerships with Oracle, and has signed deals with Amazon and others.
OpenAI has also lessened its reliance on Microsoft, which long served as the company's anchor partner and investor.
The Stargate AI data center project, involving OpenAI, SoftBank, and Oracle, is reportedly stalled due to funding issues.

AMAZON, GOOGLE, META, MICROSOFT, XAI, ORACLE AND OPENAI WILL SIGN AGREEMENT TO BUILD THEIR OWN ELECTRICITY SUPPLY FOR AI DATA CENTERS - FOX NEWS