Sam Altman’s AI empire has agreed to shell out a jaw-dropping $300 billion to Oracle for cloud computing. Oracle just pulled ...

Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...

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

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

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs ...

Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...

Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...

TMTPOST -- Oracle Corporation on Wednesday was reported to clinch another massive cloud computing deal right after the ...

The deal forms part of Stargate, a $500 billion AI infrastructure initiative announced earlier this year by OpenAI, Oracle, ...

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

OpenAI signs $300B Oracle deal for 4.5 GW compute under Project Stargate, expanding AI infrastructure from 2027.

Cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after reducing its local workforce.