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"To support our bull case, we believe that [Oracle] will likely raise incremental debt (we are assuming an additional $20bn of debt) to meet this bull case, which at a 5% interest rate would increase ...
OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, ...
Not Elon Musk, Jeff Bezos, or Mark Zuckerberg but Oracle co-founder Larry Ellison has become the world’s highest-earning ...
OpenAI and Oracle have announced an agreement to build out 4.5 gigawatts of U.S. data center capacity as part of the $500 billion Stargate project.
The 4.5 gigawatt commitment will create more than 100,000 construction and operations roles in the U.S., according to a ...
Forced by the stalled $500B Stargate project with SoftBank, OpenAI is reopening its $40B funding round to seek urgent ...
AI CEOs aren't only competing against each other in how to poach the best talent, but they're also competing with each other ...
OpenAI has partnered with Oracle to expand its Stargate AI project, adding 4.5GW of capacity and advancing its U.S. AI ...
Elon Musk has once again turned the spotlight on Stargate AI, the much-publicized $500 billion infrastructure initiative led by OpenAI, SoftBank, Oracle, and ot ...
Salesforce, Figma and other enterprise app firms have responded to a potential threat from artificial intelligence startups by limiting the startups’ access to customer data or files, even if the ...
In a world where data is the new oil, OpenAI just struck a deal with Oracle to dig deep into the earth and pump out some serious gigawatts—4.5 to be exact. This ambitious partnership aims to augment ...
The Wall Street Journal reported today that OpenAI and Softbank have not been able to agree on key issues regarding the ...