Oracle and OpenAI Expand Stargate Deal to Power Largest AI Data Center
TL;DR Summary
Oracle's stock surged after Bloomberg reported an expansion of its Stargate AI data center project with OpenAI, including additional cloud capacity and a significant cloud services deal expected to generate over $30 billion annually from 2028, fueling optimism about Oracle's growth in AI and cloud markets.
- Oracle Stock Rallies On Report Of Expanded Stargate Deal With OpenAI Investor's Business Daily
- Oracle, OpenAI Expand Stargate Deal for More US Data Centers Bloomberg
- Oracle climbs after expanding Stargate Project with OpenAI: report (ORCL:NYSE) Seeking Alpha
- OpenAI's gargantuan data center is even bigger than Elon Musk's xAI Colossus — world's largest 300 MW AI data center could reach record 1 gigawatt scale by next year, threatens grid stability Tom's Hardware
- OpenAI expands Oracle partnership to secure 4.5 gigawatts for AI needs - Bloomberg Investing.com Canada
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