Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed ...

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

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...

The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent. But analysts say the move won’t impact its capacity to serve its other ...

Oracle stock has been rallying since the tech giant said Monday it had landed a $30 billion annual cloud deal.

From Malibu to Lanai, Oracle cofounder Larry Ellison’s nearly $2 billion real estate holdings are as ambitious as his ...

The additional $30 billion in sales starting in fiscal 2028 will bring the company's top line to $97 billion, assuming that ...

The identity of the customer behind this landmark deal remains undisclosed, but the scale is remarkable: the contract's yearly value is nearly triple the $10.3 billion ...

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant ...

Congress still aims to get the legislation to President Donald Trump's desk by July 4, but it remains to be seen if that will ...

OpenAI will lease approximately 4.5 gigawatts of data centre power from Oracle under a $30 billion‐per‐year agreement set to ...

Oracle has signed a game-changing $30B annual cloud deal set to kick in by FY2028. With booming cloud growth, major AI ...