News

OpenAI has agreed to pay Oracle $30 billion every year, here's why
OpenAI has been revealed as the customer behind Oracle’s $30 billion annual cloud deal, aimed at powering the ambitious ...
As Oracle’s stock falls in the wake of Stargate developments, here’s one big question for investors
Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says ...
SoftBank and OpenAI’s $500 Billion AI Project Struggles to Get Off Ground
The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by ...
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OpenAI sweet-talks Oracle into another 4.5GW worth of Stargate datacenters, assuming the check clears
Who's picking up the tab again? AI hype man and OpenAI CEO Sam Altman has convinced his buddies at Oracle to bring an ...
Oracle Stock Slips. Why a Slow Start to Project Stargate Isn’t a Crisis.
Oracle stock was down after a report the Stargate AI project has been scaled back in the near term. But the company is still ...
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SoftBank, OpenAI scale back Stargate ambitions, eye smaller data centre by year-end: Report
Launched earlier this year at the White House, the Stargate initiative had promised to supercharge US AI capabilities and ...
OpenAI Is Spending Billions To Stay Ahead In AI—But JPMorgan Warns This 'Vibe Spending' Could Push Investors To Their Limit
JPMorgan has warned that OpenAI's aggressive $46 billion "vibe spending" on talent and R&D could test investor patience.