News
OpenAI signs $30bn data centre deal with Oracle
Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed to the Financial Times that the customer was OpenAI as part of its expansion of Stargate.
OpenAI confirmed to be behind $30bn-a-year Oracle cloud deal, 4.5GW expected across multiple data center sites
Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data center campus, built with partner Crusoe, could be expanded from 1.2GW to 2GW, while it is also evaluating other sites in Texas.
Oracle Corp. said on Monday it has signed a cloud services deal that it expects to contribute over $30 billion in annual ...
President Trump on Tuesday announced a joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the U.S. The companies said they would commit $100 billion to start, and as ...
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology. By Cecilia Kang and Cade Metz Reporting ...
AUSTIN] Oracle said it has signed a single cloud deal worth US$30 billion in annual revenue – more than the current size of ...
Oracle shares soared Wednesday for the second straight session as investors reacted to news that the enterprise software company will form a joint venture with OpenAI and Japan's SoftBank to ...
Oracle (ORCL) stock closed up by more than 7% on Tuesday amid reports of a joint venture with OpenAI and Softbank (SFTBY).
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback