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

OpenAI and Oracle have agreed one of the largest cloud computing contracts to date to power the development of artificial ...

After closing up 5% on Wednesday, Oracle stock continued to gain, climbing 3.2% to $237.35 on Thursday. And it seems ...

OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate ...

Jefferies raised the price target on Oracle's (ORCL) stock to $270 from $220 while maintaining its Buy rating on the shares.

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

As investors know, businesses across the world have been spending billions over the last couple of years buying chipsets and ...

April 17, 2025: OpenAI has released o3 and 04-mini, two reasoning AI models designed to be extra good at programming, math, ...

Analysts say the move signals a strategic pivot from generic cloud to AI-first infrastructure, reshaping CIO priorities.

OpenAI has said it is set to lease an additional 4.5 gigawatts of data center power on top of its current portfolio from Oracle to fuel its upcoming Project Stargate – a major initiative to expand its ...