Oracle Inc announces a $30 billion cloud deal with OpenAI. Wall Street's average price target indicates downside in ORCL ...

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 ...

While there are questions about a contract that will ultimately add more than $30 billion in revenue annually, Bernstein ...

Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...

Oracle secures a landmark $30B+ cloud deal with OpenAI, expanding the Stargate project and reshaping the AI infrastructure ...

International Business Machines CorporationIBM and Oracle CorporationORCL are two leading players in the hybrid cloud ...

The filing does not identify the mystery customer. However, on Oracle’s Q4 2025 earnings call founder Larry Ellison mentioned ...

Oracle said on Tuesday that its cloud computing division is working with Elon Musk's artificial intelligence firm xAI to offer the startup's latest AI model to business customers. Grok 3, as the model ...

Oracle just signed a blockbuster cloud deal worth up to $30 billion a year with G42, the Abu Dhabi-based AI firm with growing ...

Oracle invests $25B in data centers, capitalizing on AI-driven cloud demand. Strong growth fuels a fair value of $271/share.

Larry Ellison says Oracle will build “more cloud infrastructure data centers than all its infrastructure competitors combined ...