The identity of the customer behind this landmark deal remains undisclosed, but the scale is remarkable: the contract's ...

Oracle shares gained as much as 3.9 per cent to $227.46, a record high, following the news. The stock has jumped 36 per cent ...

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

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant ...

Oracle secures historic $30B annual cloud contract, potentially tripling infrastructure revenue and reshaping competition with AWS and Microsoft.

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

OpenAI has agreed to rent a massive amount of computing power from Oracle data centres as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial ...

Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI ...

TSMC, which is the world's largest contract chipmaker, also got a boost from reports that Intel's recently appointed CEO was ...

Oracle stock is hovering just above the record-high close it recorded Monday, propelled by the cloud computing giant's ...

Oracle's stock surged to a record high following the announcement of a major cloud computing agreement projected to generate ...

As the competition for cloud services heats up, the California-based internet giant turns to Oracle’s Kobi Bar-Nathan.