OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, ...

The partnership is part of OpenAI’s Stargate initiative, an ambitious $500 billion plan to build out 10 gigawatts of AI ...

OpenAI has disclosed they signed a 30 billion dollar annual deal with Oracle for their data centre services last month, ...

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory filing, could be the largest cloud contract in history, but the filing does ...

OpenAI confirms a $30B per year deal with Oracle to power the massive Stargate AI infrastructure project. Read more!

OpenAI has formally confirmed that it is the client of Oracle’s recently revealed $30 billion annual cloud services contract, ...

Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.

Oracle gained the spotlight with a prominent rally so far this year owing to the extensive deployment of AI projects. Read ...

Oracle will develop multiple data centers across the US with partners, Bloomberg reports. The existing Abilene, Texas, data ...

Nevertheless, $30 billion in extra annual revenue is big news for Oracle. As of fiscal year 2025, Oracle's total cloud revenue was just $24.4 billion – less than this single mystery contract.

OpenAI has confirmed a $30 billion annual deal with Oracle for data centre services, marking a significant expansion in its infrastructure capacity.

Oracle secured a cloud contract over $30 billion annually, one of the largest in cloud history, starting fiscal 2028.