News

OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power ...
Since launching ChatGPT in late 2022, OpenAI has faced increased demand for computing power to train large language models.
OpenAI and Oracle have agreed one of the largest cloud computing contracts to date to power the development of artificial intelligence. Here’s what you need to know.
The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.
Oracle will invest $3 billion over the next five years in artificial intelligence and cloud infrastructure in Germany and the ...
OpenAI’s agreement with Oracle appears to signal the opposite of any perceived slowdown trend in hyperscale data center growth, especially in the context of AI.
OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant scale-up of its Stargate data centre initiative. The deal will give OpenAI ...
Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI infrastructure — was first announced in January at the White House. So far, Oracle has ...
Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed ...
Oracle's stock surged to a record high following the announcement of a major cloud computing agreement projected to generate over $30 billion in annua ...