News

Oracle is forging ahead on its partnership with OpenAI to drive home the point that it's ready to play with the biggest US ...
The software giant’s stock has surged as artificial-intelligence deals fill its backlog, but high valuation creates risks.
Oracle recently signed a contract with a single provider worth $30 billion in annual revenue – could its be OpenAI?
Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...
OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate ...
Analysts say the move signals a strategic pivot from generic cloud to AI-first infrastructure, reshaping CIO priorities.
The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.
Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...
On the back of positive remarks from the company's CEO and bolstered by an apparent deal with a major artificial intelligence ...
OpenAI will lease approximately 4.5 gigawatts of data centre power from Oracle under a $30 billion‐per‐year agreement set to ...
Oracle Inc announces a $30 billion cloud deal with OpenAI. Wall Street's average price target indicates downside in ORCL ...
April 17, 2025: OpenAI has released o3 and 04-mini, two reasoning AI models designed to be extra good at programming, math, ...