On the same day Oracle (NYSE:ORCL) shares spiked more than 30% following its latest earnings report, the cloud computing company also inked a massive $300B deal with OpenAI to provide data center ...

OpenAI has committed to a $300bn cloud computing contract with Oracle, expected to last nearly five years, according to a report by the Wall Street Journal citing undisclosed sources. This deal ...

OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle, among biggest in history, the Wall Street Journal reported on Wednesday.

Investment banks are preparing a $38 billion debt package to fund the development of data centers linked with Oracle. JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group are leading the debt ...

The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...

We recently published 12 Stocks Jim Cramer Discussed As Part Of His Big Tech Deep Dive. Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer recently discussed. Oracle Corporation (NYSE:ORCL ...

Blake has over a decade of experience writing for the web, with a focus on mobile phones, where he covered the smartphone boom of the 2010s and the broader tech scene. When he's not in front of a ...

Oracle’s AI and cloud growth boost revenue, but high debt and margin pressure signal risks. Click here to read an analysis of ORCL stock now.

OpenAI signed a contract with Oracle ORCL-1.71%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...

For those looking for proof that gen AI is actually having a significant impact on traditional software vendors, they need look no further than Oracle's explosive Q1 results. The database stalwart, ...

Oracle shares surged about 43 percent to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of ...