OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.

The majority of new revenue revealed by Oracle will come from OpenAI deal, sources say.

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...

Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.

Oracle shares surged about 43% to a record high, putting the company on track to join the elite trillion-dollar club and ...

OpenAI signed a $300 billion contract with Oracle to purchase cloud computing capacity over five years, the Wall Street ...

The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...

TMTPOST -- Oracle Corporation on Wednesday was reported to clinch another massive cloud computing deal right after the software company projected gobsmacking growth guidance for its cloud business.

OpenAI signed one of the largest cloud contracts in history with Oracle. The creator of ChatGPT is buying a huge amount of ...

Co-founder Ellison saw his net worth soar by nearly $100 billion to $392.6 billion, largely driven by his 41% stake in Oracle ...

Oracle then reached an agreement in January to partner with OpenAI and SoftBank on the $500bn Stargate data centre project. It agreed to kit out and operate a 2 gigawatt site in Abilene, Texas, that ...

The artificial intelligence (AI) and cloud specialist just provided the clearest proof yet that AI adoption continues at a ...