News

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, ...
(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 ...
OpenAI has confirmed a $30 billion annual deal with Oracle for data centre services, marking a significant expansion in its infrastructure capacity.
The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...
Nevertheless, $30 billion in extra annual revenue is big news for Oracle. As of fiscal year 2025, Oracle's total cloud revenue was just $24.4 billion – less than this single mystery contract.
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 filing, could be the largest cloud contract in history, but the filing does ...
With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...
Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on ...
Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.
Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...