Announced by President Donald Trump in January 2025, Stargate is a $500 billion generative AI infrastructure venture in the ...

OpenAI will rent “additional capacity from Oracle totaling about 4.5 gigawatts of data center power in the US,” Bloomberg ...

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 ...

Microsoft Corp (NASDAQ: MSFT) is leasing 4.5 gigawatts of computing power from Oracle Corp (NYSE: ORCL) under its Stargate ...

The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.

Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI ...

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

Oracle, known for its database software, has gained traction in the market for renting out computing power and storage over ...

To meet OpenAI's demand, Oracle will develop multiple data centres across the US with partners, sources said. Read more at ...

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 ...