Oracle is forging ahead on its partnership with OpenAI to drive home the point that it's ready to play with the biggest US ...

Google Cloud as a key infrastructure provider for its ChatGPT service and APIs, marking an important shift in its cloud strategy. CNBC reports that the company announced Wednesday that it would now ...

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

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

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

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

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

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 ...

Analyst upgrades rating on Oracle (ORCL) to Overweight with $270 price target, citing rising enterprise demand for AI ...

Stargate, OpenAI’s initiative, in collaboration with partners such as Oracle and SoftBank Group, to allocate $500 billion ...

OpenAI has said it is set to lease an additional 4.5 gigawatts of data center power on top of its current portfolio from Oracle to fuel its upcoming Project Stargate – a major initiative to expand its ...