The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI infrastructure across the US over the next four years.

OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, ...

OpenAI and Oracle still have to build this monster data center, which will be a costly endeavor, both in cash and in energy.

OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...

Nevertheless, $30 billion in extra annual revenue is big news for Oracle. As of fiscal year 2025, Oracle's total cloud revenue was just $24.4 billion – less than this single mystery contract.

Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...

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

Oracle Corp_ logo on phone-by WonderPix via Shutterstock. Oracle (ORCL) recently reached a new 52‑week high, driven by ...

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

With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...

(Bloomberg/Brody Ford) — Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028. The contract was ...