News

OpenAI confirms massive $30B-a-year data deal with Oracle
The deal is part of Stargate, a $500 billion project launched by OpenAI, Oracle, and SoftBank earlier this year.
Oracle considers $100M software deal with Skydance media
The $8 billion merger is currently awaiting Federal Communications Commission approval. Barack Obama responds to Donald Trump ...
OpenAI agreed to pay Oracle $30B a year for data center services
OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has ...
As Oracle’s stock falls in the wake of Stargate developments, here’s one big question for investors
Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says ...
Oracle in talks with Skydance-Paramount for $100M cloud deal
Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.