Tata lands OpenAI as customer to fuel data-center expansion
Tata Group has signed OpenAI as a customer for its data-center business, signaling a strategic push to grow its data-center and cloud infrastructure to support AI workloads and services.
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Cloud Infrastructure
All articles tagged with #cloud infrastructure
Oracle Lines Up $45-50B Financing Drive to Grow Cloud Infrastructure in 2026
Oracle announced a calendar-year 2026 plan to raise $45-$50 billion through a balanced mix of debt and equity—including an ATM equity program and mandatory convertible preferred securities—to fund expansion of its Oracle Cloud Infrastructure, with a one-time senior unsecured bond issue early in 2026 and no additional bonds that year, aiming to maintain an investment-grade balance sheet as it serves large cloud customers.
NVIDIA and CoreWeave Expand Collaboration to Accelerate Global AI Factory Buildout
NVIDIA and CoreWeave broaden their alliance to speed the buildout of more than 5 gigawatts of AI factories by 2030, with NVIDIA investing $2 billion in CoreWeave to finance land, power and shell, and to deploy multiple generations of NVIDIA infrastructure across CoreWeave’s platform while validating SUNK and Mission Control software for potential inclusion in NVIDIA’s cloud reference architectures, meeting rising enterprise demand for AI workloads.
CoreWeave's Stock Declines Amid AI Growth and Operational Challenges
CoreWeave's stock dropped 16.4% after reporting a Q3 earnings miss and announcing major AI partnerships with CrowdStrike and VAST Data, highlighting its efforts to expand in the AI cloud market despite ongoing losses, high debt, and reliance on few major clients, with varied investor valuations suggesting potential overvaluation.
Microsoft 365 and Azure Services Experience Major Outages in North America
Microsoft 365 services in North America experienced a brief outage caused by a network infrastructure misconfiguration, highlighting the vulnerabilities of cloud services to configuration errors. The issue was quickly resolved after rerouting traffic, but it raised concerns about the resilience of cloud infrastructure and the risks of relying heavily on cloud services. Microsoft is analyzing policies to improve future resilience.
Oracle Plans $18 Billion Bond Sale, Second Largest of the Year
Oracle launched an $18 billion bond sale to fund its AI-related cloud infrastructure expansion, with strong demand reaching $88 billion, as the company ramps up investments following major cloud deals and aims to support its growth in the competitive tech market.
Oracle Appoints Magouyrk and Sicilia as Co-CEOs Amid Leadership Transition
Oracle has appointed Clay Magouyrk and Mike Sicilia as co-CEOs to emphasize its focus on expanding its cloud infrastructure business, which is set to become its largest revenue segment, while Safra Catz steps back to an executive vice chair role amid strategic shifts and significant investments in cloud services.
Oracle Targets $20B AI Cloud Deal with Meta
Oracle is in talks with Meta to secure a multi-year AI cloud computing deal worth about $20 billion, aiming to provide Meta with enhanced computing capacity for AI model training and deployment, amidst a broader industry trend of large-scale cloud investments in AI.
Oracle's Strategic Moves Boost Cloud, AI, and Semiconductor Partnerships
Oracle is rapidly expanding its cloud infrastructure business, driven by Larry Ellison's leadership and strategic focus on AI workloads, with projections of significant revenue growth and a shift towards AI training and inferencing, positioning itself as a key player against hyperscalers despite high capital expenditures and uncertain returns.
Oracle's Stock Surges 36% on Booming AI Cloud Demand and Analyst Optimism
Oracle's stock soared to its best day in decades, driven by a 359% increase in AI-related cloud backlog to $455 billion, signaling strong future growth in AI infrastructure and cloud services, despite some concerns about profitability and scaling challenges.
Oracle Stock Surges on AI Cloud Growth and Optimistic Forecasts
Oracle's stock surged 25% after reporting a strong increase in its AI cloud backlog, with remaining performance obligations soaring 359% to $455 billion, despite missing earnings and revenue estimates for Q1. The company expects significant growth in its cloud infrastructure revenue driven by large multibillion-dollar contracts and AI demand, positioning it as a challenger to Amazon and Microsoft in cloud services.
Oracle Shares Surge on Strong Cloud Revenue Outlook
Oracle's stock surged nearly 26% after announcing four multibillion-dollar cloud contracts and a significant increase in remaining performance obligations, signaling strong future growth despite slightly missing quarterly revenue and earnings estimates. The company projects substantial revenue growth in its cloud infrastructure segment, driven by AI demand and large deals, with expectations to exceed $500 billion in RPO and reach $144 billion in cloud revenue within five years.
Oracle's Cloud Revenue Outlook Boosts Stock and Shares Surge
Oracle raises its cloud infrastructure revenue forecast to 77% growth this year, reaching $18 billion, driven by strong demand and multi-billion-dollar contracts, leading to a 23% share increase after hours.
CoreWeave's $9B Acquisition of Core Scientific Sparks Industry Debate
CoreWeave is set to acquire Core Scientific in a $9 billion all-stock deal to expand its data center footprint, control critical power resources, and enhance its capabilities in AI and high-performance computing workloads, with the transaction expected to close in late 2025.
Oracle's Stock Soars on $30 Billion Cloud Deal
Oracle has signed a $30 billion annual cloud services deal, one of the largest on record, expected to generate revenue starting in fiscal year 2028, significantly boosting its cloud market share and revenue, especially in AI-related services.