News

Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...
OpenAI and Oracle have agreed one of the largest cloud computing contracts to date to power the development of artificial ...
Deals of this size are nothing new for Oracle. TD Cowen believes the company signed a 200 megawatt commitment with OpenAI in ...
OpenAI will lease 4.5 GW of data-center capacity from Oracle (NYSE:ORCL), fueling its massive Stargate AI infrastructure ...
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 ...
OpenAI will lease 4.5 gigawatts of U.S. data center power from Oracle as part of its $500 billion Stargate initiative, ...
Microsoft Corp (NASDAQ: MSFT) is leasing 4.5 gigawatts of computing power from Oracle Corp (NYSE: ORCL) under its Stargate ...
The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.
OpenAI is leasing huge computing capacity—equal to millions of homes' energy use—from Oracle, expanding their Stargate AI ...
Analysts say the move signals a strategic pivot from generic cloud to AI-first infrastructure, reshaping CIO priorities.
Oracle's (ORCL) expanded role in the Stargate Project reinforces BNP Paribas Exane's belief that hyperscalers remain of the ...