OpenAI has confirmed a $30 billion annual deal with Oracle for data centre services, marking a significant expansion in its infrastructure capacity.

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

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 ...

OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has ...

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

Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.

Oracle has signed a mystery cloud contract worth over $30 billion annually, which would effectively more than double the company's current cloud revenue.

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...

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

OpenAI confirms Project Stargate is still on, and its first site, Stargate I, is already partly operational in Abilene, Texas ...

With Oracle's revenue set to soar on GPU deals and cloud growth, investors are betting big, but profitability and valuation ...