OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...

The company will add about $234 billion to its market valuation, taking the total valuation to around $904 billion, if ...

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs ...

If true, it would rank among the largest cloud contracts in history, which is basically the Super Bowl for server farms.

Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...

The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...

OpenAI and Oracle sign a monumental $300 billion cloud deal for Project Stargate. Here is how this massive five-year contract ...

Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.

Artificial intelligence chipmakers saw strong momentum this week as corporate earnings, cloud computing contracts, and ...

Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%.

OpenAI signs $300B Oracle deal for 4.5 GW compute under Project Stargate, expanding AI infrastructure from 2027.