The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, ...

The deal is part of Stargate, a $500 billion project launched by OpenAI, Oracle, and SoftBank earlier this year.

OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, ...

Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on ...

OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!

OpenAI CEO Sam Altman has confirmed that his company is the client behind Oracle’s massive $30 billion per year cloud ...

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.

Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.

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 ...

The company’s recent cloud-services agreements should strengthen its position and improve confidence in the company’s longer-term financial prospects, according to Jefferies.

(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 ...