News

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, ...
(Bloomberg/Brody Ford) — Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028. The contract was revealed in ...
OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!
Oracle's new cloud service agreement is expected to contribute more than $30 billion in annual revenue ... The contracts will not bring any change to Oracle’s fiscal year 2026 guidance ...
The huge deal with Oracle marks a major step forward in OpenAI's journey to 10 gigawatts, as outlined in its four-year, $500 ...
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory filing, could be the largest cloud contract in history, but the filing does ...
The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...
With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...
Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...
Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on ...
Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.