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OpenAI, Oracle

Oracle Stock Rallies On Report Of Expanded Stargate Deal With OpenAI

Oracle ORCL stock jumped late Wednesday after Bloomberg reported that the tech giant will expand its massive Stargate data center project with OpenAI. The news comes two days after Oracle disclosed that it had landed a cloud services deal it expects will be worth more than $30 billion annually starting in 2028, igniting a rally for Oracle shares.

Financial Times · 2d

OpenAI signs $30bn data centre deal with Oracle

Earlier this week, 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.

Barron's on MSN · 2d

Oracle Has a ‘Blue Sky Scenario’ in OpenAI Deal. What It Means for the Stock.

After closing up 5% on Wednesday, Oracle stock continued to gain, climbing 3.2% to $237.35 on Thursday. And it seems investors aren’t the only ones who believe the news, as analysts at TD Cowen have the same inkling.

Hosted on MSN23d

OpenAI ‘s Sam Altman predicts 2026 as a big year for AI - MSN

OpenAI CEO Sam Altman predicted that 2026 could be a big year for scientific progress tied to advances in artificial intelligence technology. Stargate, a collaboration of Microsoft (NASDAQ:MSFT ...

9don MSN

OpenAI’s Sam Altman to speak at Fed bank conference

OpenAI CEO Sam Altman will speak at a Federal Reserve conference on bank regulation next month. The leader of the key ...

Business Insider2mon

Sam Altman, Who Stepped Down From Oklo's Board, Could Profit Later on - Business Insider

Sam Altman stepped down as chairman of the OpenAI board on April 22. ... now valued at $300 billion, has teamed up with Oracle and SoftBank, known as Stargate, to build AI data centers in the US ...

Hosted on MSN24d

Oracle Analyst Calls For Bookings Upside Ahead Of Q4 Report But Flags Likely Topline Miss — Retail Braces For Stock Run - MSN

Oracle joined the alliance, which Sam Altman-led OpenAI is leading. Oracle stock ended Tuesday’s session up 0.19% at $177.48, while it has gained over 7% this year. For updates and corrections ...

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