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

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

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 Corp. said it has signed a single cloud deal worth $30 billion in annual revenue — more than the current size of its ...

The company said the deal is expected to bring in more than $30 billion in annual revenue starting in fiscal 2028.

Oracle is betting on its database dominance, AI vision, and massive data center investments in a bid to overtake current ...

Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...

Multiple news outlets have confirmed that the eye-popping, $30 billion-a-year contract that Oracle revealed earlier this week is with artificial intelligence ...

Oracle has signed a game-changing $30B annual cloud deal set to kick in by FY2028. With booming cloud growth, major AI ...

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