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

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.

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.

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

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 ...

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

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 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 ...

Oracle on Tuesday said it would invest a total of $3 billion upgrading its cloud infrastructure at its facilities in Germany ...