OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate ...

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

The alliance between the two companies is slowly disintegrating. Here's a look at what's happened and what will be the likely ...

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 ...

April 17, 2025: OpenAI has released o3 and 04-mini, two reasoning AI models designed to be extra good at programming, math, ...

Oracle, known for its database software, has gained traction in the market for renting out computing power and storage over ...

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

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

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

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

Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...