Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI ...

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 ...

Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...

Oracle has announced that it plans to invest $1 billion in Spain to open up its third cloud region in the country’s capital, Madrid. It said it has done this to meet the rapidly growing demand for its ...

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.