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The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.
Oracle Inc announces a $30 billion cloud deal with OpenAI. Wall Street's average price target indicates downside in ORCL ...
Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...
While there are questions about a contract that will ultimately add more than $30 billion in revenue annually, Bernstein ...
Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...
Oracle just signed a blockbuster cloud deal worth up to $30 billion a year with G42, the Abu Dhabi-based AI firm with growing ...
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 ...
Larry Ellison says Oracle will build “more cloud infrastructure data centers than all its infrastructure competitors combined ...
Oracle invests $25B in data centers, capitalizing on AI-driven cloud demand. Strong growth fuels a fair value of $271/share. Read more on ORCL stock here.
International Business Machines CorporationIBM and Oracle CorporationORCL are two leading players in the hybrid cloud ...
Oracle will now offer Grok 3 from its data centers to corporate users who want to use the model but need their data to remain under their existing security protections with Oracle, Karan Batta ...