OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power ...

ORCL's Database@AWS launch validates cloud transformation with $138 billion RPO backlog. Hold current positions or wait for ...

OpenAI and Oracle have agreed one of the largest cloud computing contracts to date to power the development of artificial intelligence. Here’s what you need to know.

OpenAI’s agreement with Oracle appears to signal the opposite of any perceived slowdown trend in hyperscale data center growth, especially in the context of AI.

The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.

Oracle will invest $3 billion over the next five years in artificial intelligence and cloud infrastructure in Germany and the ...

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant scale-up of its Stargate data centre initiative. The deal will give OpenAI ...

Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI infrastructure — was first announced in January at the White House. So far, Oracle has ...

Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.

Oracle's stock surged to a record high following the announcement of a major cloud computing agreement projected to generate over $30 billion in annua ...

Oracle will build new data centres in the US to provide 4.5 gigawatts of computing power to the Stargate initiative. OpenAI has already agreed to rent the infrastructure, according to a report by ...