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 said on Tuesday that its cloud computing division is working with Elon Musk's artificial intelligence firm xAI to ...

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 ...

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

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

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

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