OpenAI and Oracle Sign $300B Cloud Computing Deal for Project Stargate

OpenAI and Oracle sign a monumental $300 billion cloud deal for Project Stargate. Here is how this massive five-year contract ...
SiliconANGLE

OpenAI, Oracle and SoftBank to invest $500B in US AI infrastructure building project

New U.S. President Donald Trump appeared alongside officials from three top technology firms to announce the creation of a new initiative called the Stargate Project, which is tasked with building up ...

OpenAI and Oracle: 300 billion deal for Project Stargate

OpenAI is to pay 300 billion US dollars for the use of computing capacities. Where will the money come from? So far unclear.
Analytics Insight

Oracle Stock Jumps 5% on Preliminary US-China TikTok Deal and Project Texas Boost

Oracle stock rose by up to 5% following the announcement that there was an initial deal on TikTok between the United States ...

Jim Cramer Says Oracle's $455 Billion Backlog Is Because Of Stargate Project: 'Who Else Would Be Placing Those Orders'

CNBC’s Jim Cramer is attributing Oracle Corp.‘s (NYSE:ORCL) monumental $455 billion backlog to the ‘Stargate’ AI ...
Silicon Republic

Reports: OpenAI to spend $300bn for Oracle’s compute power

OpenAI has reportedly signed a $300bn contract with Oracle to purchase the company’s computing power over a five year period.