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

OpenAI has confirmed a $30 billion annual deal with Oracle for data centre services, marking a significant expansion in its infrastructure capacity.

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

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

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has ...

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

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

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 ...

Chainlink (LINK) has recently climbed 9.58% as on-chain oracle demand surges again—showcasing the resilience of utilit ...

SoftBank and OpenAI’s partnership on a $500 billion project to build AI data centers stalls six months after launch.

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