Oracle Projects Cloud

Oracle, OpenAI Sign $300 Billion Computing Deal

OpenAI signs $300B Oracle cloud deal under Project Stargate

This partnership is part of the broader Project Stargate initiative, which involves the construction of massive new data centres dedicated to advanced AI workloads.

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OpenAI and Oracle reportedly ink historic cloud computing deal

DatacenterDynamics · 21h

OpenAI signs $300bn cloud deal with Oracle - report

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Oracle shares skyrocket on AI cloud growth

Oracle shares soared about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence ...

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OpenAI Signs $300 Billion Data Center Pact With Tech Giant Oracle

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Oracle soars on AI cloud gains, Ellison closes in on Musk as world's richest

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Oracle retreats after record run toward $1 trillion club on AI cloud boom

At $312.44, Oracle's stock is trading about 9% lower than the median price target of $342, according to LSEG data.

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Oracle shares soar on AI contracts

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Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal

2don MSN

Oracle projects $144 billion in cloud revenue by 2030, boosts capex 65% to $35 billion

CNBC's MacKenzie Sigalos joins 'Fast Money' with the latest from Oracle's investor call after hitting a record high stock price in after-hours trading.

1don MSN

Oracle soars on AI cloud growth as customers race to secure computing capacity

Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, underscoring its deeper push into the backbone of artificial intelligence systems.

23hon MSN

Why Oracle Is a No-Brainer Growth Play Now

Oracle's stock just surged 30% overnight as Wall Street realizes this isn't your father's database company anymore.

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Oracle spikes 43% as blockbuster forecast cements it as a major player in the AI race

Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.

16h

Oracle Surges 43% on AI Cloud Deals, Ellison Nears Musk in Wealth Ranking

The surge followed Oracle's disclosure of four multi-billion-dollar contracts, including a Wall Street Journal report that OpenAI agreed to buy $300 billion in computing capacity from Oracle over five years.

Oracle stock soars after CEO says AI-fueled cloud revenue set to jump to $144 billion

Oracle ( ORCL) is set to report its fiscal first-quarter earnings Tuesday after the bell, with Wall Street expecting a 30% jump in cloud business revenue fueled by AI. Investors will also be watching closely for details on the company's $30 billion deal, reportedly with OpenAI.