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

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

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.

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

Skydance Media, run by David Ellisonthe son of Oracle founder Larry Ellisonalready spends around $2.2 million annually on ...

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

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

The company’s recent cloud-services agreements should strengthen its position and improve confidence in the company’s longer-term financial prospects, according to Jefferies.

(Bloomberg/Brody Ford) — Oracle Corp. signed a cloud services deal that it expects to contribute more than $30 billion in annual revenue starting in the fiscal year 2028. The contract was ...