Oracle, along with development partner Crusoe, has already built a large-scale data center in Abilene, Texas, for OpenAI. The current 1.2 GW capacity there is being scaled up to 2 GW.

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant scale-up of its Stargate data centre initiative. The deal will give OpenAI ...

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

OpenAI has signed a new agreement with database group Oracle to secure 4.5GW of computing power in a deal valued at approximately $30bn annually. The transaction is among the largest cloud ...

Since launching ChatGPT in late 2022, OpenAI has faced increased demand for computing power to train large language models.

Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI infrastructure — was first announced in January at the White House. So far, Oracle has ...

Oracle labeled as a high conviction idea in enterprise software by Piper Sandler despite the AI industry slowdown. Partnerships, especially with OpenAI, set Oracle up for future AI collaborations ...

Oracle will invest $3 billion over the next five years in artificial intelligence and cloud infrastructure in Germany and the ...

OpenAI and Microsoft are teaming up with Oracle to get more compute capacity to run ChatGPT. As part of a partnership announced this week, the three companies are working together so that OpenAI ...

Oracle on Tuesday said it would invest a total of $3 billion upgrading its cloud infrastructure at its facilities in Germany ...