Oracle shares surged about 43% to a record high last night, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of the world's ...

OpenAI has reportedly inked a massive $300 billion cloud deal with Oracle, marking one of the largest contracts of its kind. The five-year agreement will give OpenAI vast computing power for its AI ...

OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...

Follow us on Facebook and join our Telegram channel for the latest updates. Oracle Corp shares gained the most since 1992 after the company gave an aggressive outlook for its cloud business, cementing ...

Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...

OpenAI will pay Oracle $300 billion over the course of five years to fuel Sam Altman's AI ambitions by providing five gigawatts of compute capacity. At least that's what unnamed sources familiar with ...

Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...

Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. Only in the AI era can a 48-year-old company add $200 billion in ...

OpenAI has struck one of the largest cloud computing deals in history with Oracle, agreeing to a contract worth about $300 billion over five years starting in 2027. According to the Wall Street ...

OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...

According to the WSJ, their five-year deal starts in 2027. According to the WSJ, their five-year deal starts in 2027. is a NYC-based AI reporter and is currently supported by the Tarbell Center for AI ...

The company's remaining performance obligations, or RPO, the most popular measure of booked revenue, jumped 359% to $455 billion in the first quarter, ended August 31. Over the next few months, we ...