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OpenAI To Lease Massive Power From Oracle

TechRepublic · 1h

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 US, led by OpenAI, Oracle, Japanese telecoms giant SoftBank, and MGX, an investment firm based in the United Arab Emirates. OpenAI intends to operate the data centres. Oracle will provide server infrastructure and leasing.

Dailymotion on MSN · 3h

OpenAI To Lease Massive Power From Oracle In Stargate Project

OpenAI will lease 4.5 gigawatts of U.S. data center power from Oracle as part of its $500 billion Stargate initiative, according to CNBC. The unprecedented agreement underpins at least part of Oracle’s recently disclosed $30 billion cloud contract set to begin in fiscal 2028.

TechRadar on MSN · 14h

OpenAI is massively upping its Oracle cloud capacity to power Project Stargate - is this the mystery $30bn deal?

Oracle recently signed a contract with a single provider worth $30 billion in annual revenue – could its be OpenAI?

9hon MSN

Oracle stock at record high: time to take profits or let it run?

Oracle Inc announces a $30 billion cloud deal with OpenAI. Wall Street's average price target indicates downside in ORCL ...

The American Bazaar10h

OpenAI taps Oracle for $30 billion supercharging AI infrastructure

OpenAI signs a $30B deal with Oracle for 4.5GW of data center power under its Stargate project, boosting U.S. AI ...

Investor's Business Daily on MSN1d

Oracle Stock Adds To Gains As Wall Street Ponders Mystery Client Behind $30 Billion Cloud Deal

Oracle stock has been rallying since the tech giant said Monday it had landed a $30 billion annual cloud deal.

1d

Oracle faces negative outlook at S&P as cloud growth strains cash flow

S&P could lower Oracle’s rating if debt to EBITDA remains above 3.5x over the next two years with no clear improvement path.

3don MSN

Oracle just signed one mystery customer that will double its cloud revenue in 2028

The filing does not identify the mystery customer. However, on Oracle’s Q4 2025 earnings call founder Larry Ellison mentioned ...

3d

Oracle wins cloud contract expected to generate $30B+ in annual revenue

Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company ...

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