Oracle CEO Safra Catz confirms a new, mystery cloud contract worth $30 billion Last year's total cloud revenue stood at $24.4 billion, so it's a big increase Oracle says it will spend big on ...

The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...

The deal is part of Stargate, a $500 billion project launched by OpenAI, Oracle, and SoftBank earlier this year.

OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas.

OpenAI has confirmed a $30 billion annual deal with Oracle for data centre services, marking a significant expansion in its infrastructure capacity.

OpenAI CEO Sam Altman has confirmed that his company is the client behind Oracle’s massive $30 billion per year cloud ...

OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, ...

OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...

With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...

Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth ...

(Bloomberg/Brody Ford) — Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028. The contract was ...