News

As Oracle’s stock falls in the wake of Stargate developments, here’s one big question for investors

Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says ...

Oracle in talks with Skydance-Paramount for $100M cloud deal

Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.

Oracle CTO Larry Ellison Beats Mark Zuckerberg To Become World's Second-Richest Person—but He Already Had Winning Property Portfolio

Ellison has officially moved up a spot on the Bloomberg Billionaires Index, surpassing Zuckerberg, who previously sat in the ...

Oracle in Talks With Paramount-Skydance for $100 Million Cloud Deal | Report

Skydance has previously partnered with Oracle on its “studio in the cloud” initiative, which has been used on Skydance Animation projects such as “Spellbound.” Per Bloomberg, Skydance spent $2.2 ...

Oracle got big tax breaks in Texas for Stargate. Now it's going back for more.

Oracle has challenged the property valuation of its Stargate data center site in Texas.

OpenAI sweet-talks Oracle into another 4.5GW worth of Stargate datacenters, assuming the check clears

AI hype man and OpenAI CEO Sam Altman has convinced his buddies at Oracle to bring an additional 4.5 gigawatts of datacenter ...
Explore more

Oracle Stock Slips. Why a Slow Start to Project Stargate Isn’t a Crisis.

OpenAI and SoftBank didn’t immediately respond to requests for comment on the report. However, OpenAI appeared to indirectly ...

Oracle looks to join an exclusive club as it approaches this financial milestone

With the cloud giant’s stock rising 3.1% on Thursday, Oracle is within a hair of surpassing a $700 billion market ...