News

In a groundbreaking move that underscores the rapid advancements in artificial intelligence (AI), major industry players OpenAI, SoftBank, and Oracle have announced a collective investment of $500 ...
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 ...
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.
OpenAI has been named as the customer behind Oracle ’s recently announced $30 billion-per-year cloud computing contract, with ...
Oracle, along with development partner Crusoe, has already built a large-scale data center in Abilene, Texas, for OpenAI. The current 1.2 GW capacity there is being scaled up to 2 GW.
However, experts have pointed out that heavy discounts are commonly offered to Oracle customers, and a 75 percent discount ...
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 ...
"Regardless of the entity servicing the demand, we believe 5GW of US demand from OpenAI training positions the industry for potential record data center leasing in 2025," TD Cowen said in its latest ...
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. The transaction is among the largest cloud ...