The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years ...
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Banks bet big on Oracle’s cloud future with $38B data center financing
JPMorgan Chase and Mitsubishi UFJ Financial Group plan to invest $38 billion to finance data centers connected to Oracle.
Oracle’s aggressive AI-first infrastructure expansion underpins OpenAI’s Stargate vision, transforming cloud into a core ...
Here's an eye-popping new price tag for generative AI's booming demand for energy and computing power for data centers: $300 billion. That's how much ChatGPT maker OpenAI has reportedly committed to ...
Investors seeking long-term growth would do well to focus on businesses building the global AI infrastructure.
The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...
Wall Street was floored by Oracle's huge revenue forecast. Now, a top bank says its sales boom is set to lift this ...
Data center capacity has become a barometer for both the health of the tech market and the risk of an A.I. bubble.
Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta ...
Oracle's data centers use a proprietary random direct memory access (RDMA) networking technology that moves data between ...
The company added $10 billion to its capital investment plans for the fiscal year, reaching $35 billion, CEO Safra Catz said ...
Oracle has crushed it and is up about 26% in after hours. They are guiding that they will make huge profits from AI data ...
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