The Open Compute Project (OCP), initiated by Facebook in 2011, aims to share data center product designs among major tech companies to improve efficiency and modularity in hardware. With contributions from organizations like Microsoft, Google, and Apple, OCP focuses on hardware specifications and standards for servers, storage, and networking to enhance scalability and interoperability in data centers. The initiative has resulted in significant innovations in server design and data center operations, exemplified by projects like Microsoft's Project Olympus and Facebook's advancements in AI workloads.