News

Oracle Will Build US Data Centres Supplying 4.5GW Compute for OpenAI’s Stargate Project
Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...
OpenAI is getting even more computing power from Oracle as part of Stargate.
OpenAI will rent “additional capacity from Oracle totaling about 4.5 gigawatts of data center power in the US,” Bloomberg ...
Oracle, OpenAI expand Stargate deal to build more US data centres
Oracle shares gained as much as 3.9 per cent to $227.46, a record high, following the news. The stock has jumped 36 per cent ...
Oracle's Stargate deal demonstrates strength of hyperscalers: BNPP
Oracle's (ORCL) expanded role in the Stargate Project reinforces BNP Paribas Exane's belief that hyperscalers remain of the ...
Oracle (ORCL) Shares Jump as OpenAI Locks in 4.5?GW Stargate Deal
Oracle stock surged more than 5% on Wednesday after the software giant revealed that OpenAI will lease roughly 4.5 gigawatts ...
OpenAI's 4.5 GW Lease From Oracle Fuels Stargate's $500 Billion Vision
Microsoft Corp (NASDAQ: MSFT) is leasing 4.5 gigawatts of computing power from Oracle Corp (NYSE: ORCL) under its Stargate ...
OpenAI signs $30bn data centre deal with Oracle
Earlier this week, database group Oracle announced it had signed a single cloud computing contract worth $30bn in annual ...
Cryptopolitan on MSN19h
Oracle closes deal for an additional 4.5 gigawatts in expansion of US Stargate
OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power ...
Crain's Detroit Business18h
Oracle, OpenAI consider Michigan site for data center as Stargate deal expands
Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI ...
OpenAI to rent more computing power from Oracle data centres as part of Stargate deal
OpenAI has agreed to rent a massive amount of computing power from Oracle data centres as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial ...