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

Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.

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

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

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

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

OpenAI and Oracle have agreed one of the largest cloud computing contracts to date to power the development of artificial ...

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

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

Oracle stock surged more than 5% on Wednesday after the software giant revealed that OpenAI will lease roughly 4.5 gigawatts ...

ORCL's Database@AWS launch validates cloud transformation with $138 billion RPO backlog. Hold current positions or wait for ...

Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed ...