OpenAI has formally confirmed that it is the client of Oracle’s recently revealed $30 billion annual cloud services contract, ...

Oracle Corp. (ORCL) is a large multinational technology company that primarily offers cloud computing, database software, and ...

Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on ...

FCC Chairman Brendan Carr released a statement announcing his approval of the $8 billion merger between Paramount Global and ...

OpenAI is reportedly launching its highly anticipated GPT-5 model in August, a critical move to reclaim AI leadership amid ...

On Tuesday, OpenAI announced a partnership with Oracle to develop 4.5 gigawatts of additional data center capacity for its ...

The deal is part of Stargate, a $500 billion project launched by OpenAI, Oracle, and SoftBank earlier this year.

OpenAI CEO Sam Altman has confirmed that his company is the client behind Oracle’s massive $30 billion per year cloud ...

OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas ...

The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...

In addition to the 4.5 gigawatts of capacity announced today, Oracle is responsible for building one of OpenAI’s Texas data ...

"To support our bull case, we believe that [Oracle] will likely raise incremental debt (we are assuming an additional $20bn of debt) to meet this bull case, which at a 5% interest rate would increase ...