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

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

The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI infrastructure across the US over the next four years.

OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, ...

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, ...

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

TMTPOST -- OpenAI and its Japanese partner SoftBank Group Corp. are scaling back their near-term plans of Stargate, a project ...

The ambitious $500B Stargate AI project from OpenAI and SoftBank has stalled due to internal disputes, forcing OpenAI to seek ...

With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...

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