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Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
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 ...
The company added $10 billion to its capital investment plans for the fiscal year, reaching $35 billion, CEO Safra Catz said ...
OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
Oracle began building up its cloud-computing business to compete with Amazon and Microsoft a decade ago. AI has supercharged ...
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