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OpenAI to rent more computing power from Oracle data centres

Barron's on MSN · 3h

Oracle Has a ‘Blue Sky Scenario’ in OpenAI Deal. What It Means for the Stock.

Deals of this size are nothing new for Oracle. TD Cowen believes the company signed a 200 megawatt commitment with OpenAI in mid-2024 and “a much larger contract” at the start of 2025, which contributed to a sequential spike in gross new bookings in the third quarter.

Business Standard · 3h

Oracle, OpenAI expand Stargate deal to build more US data centres

Oracle shares gained as much as 3.9 per cent to $227.46, a record high, following the news. The stock has jumped 36 per cent this year, fueled by investor enthusiasm in its cloud business

The Verge · 19h

OpenAI is getting even more computing power from Oracle as part of Stargate.

OpenAI will rent “additional capacity from Oracle totaling about 4.5 gigawatts of data center power in the US,” Bloomberg reports. [Link: Oracle, OpenAI Expand Stargate Deal for More US Data Centers | | bloomberg.

9hon MSN

OpenAI is massively upping its Oracle cloud capacity to power Project Stargate - is this the mystery $30bn deal?

Oracle recently signed a contract with a single provider worth $30 billion in annual revenue – could its be OpenAI?

4h

Oracle stock at record high: time to take profits or let it run?

Oracle Inc announces a $30 billion cloud deal with OpenAI. Wall Street's average price target indicates downside in ORCL ...

Network World8h

Oracle to power OpenAI’s AGI ambitions with 4.5GW expansion

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

DatacenterDynamics19m

Apple's director of data center engineering joins OpenAI

The director of data center engineering at Apple has joined generative AI giant OpenAI. Spas Lazarov spent the last ten years ...

BW Businessworld7h

OpenAI Strikes $30 Bn Annual Deal With Oracle To Power Massive AI Expansion

OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant ...

The American Bazaar6h

OpenAI taps Oracle for $30 billion supercharging AI infrastructure

OpenAI signs a $30B deal with Oracle for 4.5GW of data center power under its Stargate project, boosting U.S. AI ...

9h

Nvidia: OpenAI-AMD Partnership Implications

Nvidia Corporation shines as a Strong Buy with rising AI demand, 92% GPU share, and upcoming Blackwell chips poised to hit ...

Investor's Business Daily on MSN1d

Oracle Stock Adds To Gains As Wall Street Ponders Mystery Client Behind $30 Billion Cloud Deal

Oracle stock has been rallying since the tech giant said Monday it had landed a $30 billion annual cloud deal.

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