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OpenAI signs $30bn data centre deal with Oracle
Earlier this week, database group Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed to the Financial Times that the customer was OpenAI as part of its expansion of Stargate.
Larry Ellison, Oracle Corporation’s co-founder, chairman, and chief technology officer, gained $8.8 billion in a single day on Monday, as ...
OpenAI has signed a cloud computing agreement with Oracle valued at around USD 30 billion annually, as part of a significant ...
Oracle signed a cloud services contract worth $30 billion a year which will start hitting its books in fiscal year 2028, ...
During the earnings call, CEO Safra Catz said, "Our infrastructure business was the next area to move to the cloud. We made ...
Oracle is betting on its database dominance, AI vision, and massive data center investments in a bid to overtake current ...
The identity of the customer behind this landmark deal remains undisclosed, but the scale is remarkable: the contract's ...
Founder of Oracle, Larry Ellison, overtakes Jeff Bezos as the second richest person in the world after Elon Musk.
The filing does not identify the mystery customer. However, on Oracle’s Q4 2025 earnings call founder Larry Ellison mentioned ...
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