OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power ...

Oracle, along with development partner Crusoe, has already built a large-scale data center in Abilene, Texas, for OpenAI. The current 1.2 GW capacity there is being scaled up to 2 GW.

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant scale-up of its Stargate data centre initiative. The deal will give OpenAI ...

Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI infrastructure — was first announced in January at the White House. So far, Oracle has ...

Oracle stock has been rallying since the tech giant said Monday it had landed a $30 billion annual cloud deal.

Since launching ChatGPT in late 2022, OpenAI has faced increased demand for computing power to train large language models.

OpenAI has signed a new agreement with database group Oracle to secure 4.5GW of computing power in a deal valued at approximately $30bn annually. The transaction is among the largest cloud ...

Ellison also amended his Giving Pledge to focus resources on his Oxford-based institute tackling healthcare, hunger, and ...

Oracle labeled as a high conviction idea in enterprise software by Piper Sandler despite the AI industry slowdown. Partnerships, especially with OpenAI, set Oracle up for future AI collaborations ...

Oracle will invest $3 billion over the next five years in artificial intelligence and cloud infrastructure in Germany and the ...

Oracle on Tuesday said it would invest a total of $3 billion upgrading its cloud infrastructure at its facilities in Germany ...