Analysts say the move signals a strategic pivot from generic cloud to AI-first infrastructure, reshaping CIO priorities.

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 ...

OpenAI has been named as the customer behind Oracle ’s recently announced $30 billion-per-year cloud computing contract, with ...

OpenAI secures a massive 4.5 GW compute lease from Oracle for its Stargate project, signaling a huge leap in AI ...

Stargate, OpenAI’s initiative, in collaboration with partners such as Oracle and SoftBank Group, to allocate $500 billion ...

OpenAI will lease approximately 4.5 gigawatts of data centre power from Oracle under a $30 billion‐per‐year agreement set to ...

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

OpenAI and Oracle have expanded their collaboration with a significant agreement for data center capacity in the United ...

Oracle co-founder Larry Ellison has officially become the world's second-richest, overtaking Jeff Bezos and Mark Zuckerberg. Bloomberg Billionaires Index noted that Ellison's net worth is $251.2 ...

"Regardless of the entity servicing the demand, we believe 5GW of US demand from OpenAI training positions the industry for potential record data center leasing in 2025," TD Cowen said in its latest ...

Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data center, the Financial Times reported Friday.. The data center, situated in Abilene ...