Oracle’s aggressive AI-first infrastructure expansion underpins OpenAI’s Stargate vision, transforming cloud into a core national-scale compute and energy resource. This $300 billion investment ...
A deal to prevent a US TikTok ban is now in place. The app’s algorithm will be copied, overseen by Oracle, and retrained using only American user data. This new, separate system addresses national ...
Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...
Oracle stock climbed on Monday on speculation that the software company could be involved in the deal between the U.S. and China over TikTok.
Oracle's data center revenue rose sharply last quarter as demand from AI developers for capacity continued to outstrip supply. Its remaining performance obligation rose by a remarkable 359% year over ...
Blake has over a decade of experience writing for the web, with a focus on mobile phones, where he covered the smartphone boom of the 2010s and the broader tech scene. When he's not in front of a ...
Massive spending on AI infrastructure to train large language models and process enterprise workloads are the new normal in the cloud business. Spending on data center infrastructure spiked 51% in ...
The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...
Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
OpenAI signed a contract with Oracle ORCL-0.91%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Barclays lifts Oracle target to $281 on $30B contract optimism ahead of Q1 results. RBC holds $195 target, citing OCI growth and $30B deal uncertainties. Oracle invests $38B in data centers as cloud ...
Oracle executives are discussing eliminating cash raises and cash bonuses for employees this year, The Information reported on Monday. The firm might offer employees additional stock grants to make up ...