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

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

However, experts have pointed out that heavy discounts are commonly offered to Oracle customers, and a 75 percent discount ...

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant scale-up of its Stargate data centre initiative. The deal will give OpenAI ...

Oracle has unveiled a substantial $3 billion investment to significantly expand its cloud and artificial intelligence (AI) infrastructure in Europe. This strategic commitment is designed to meet ...

OpenAI’s agreement with Oracle appears to signal the opposite of any perceived slowdown trend in hyperscale data center growth, especially in the context of AI.

OpenAI has been named as the customer behind Oracle ’s recently announced $30 billion-per-year cloud computing contract, with ...

Oracle will more than double its cloud revenue in FY2028 with a $30 billion deal OpenAI's Project Stargate will see $500 billion invested across the US The AI firm is set to lease an additional 4 ...

OpenAI has signed a new agreement with database group Oracle to secure 4.5GW of computing power in a deal valued at approximately $30bn annually.