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Oracle, OpenAI expand Stargate deal for more U.S. data centres
Oracle, known for its database software, has gained traction in the market for renting out computing power and storage over the internet, in part by targeting clients focused on AI work. This has led to a jump in revenue and expenses. The US$30 billion deal is more than the current size of its entire cloud infrastructure business.
Analysts say the move signals a strategic pivot from generic cloud to AI-first infrastructure, reshaping CIO priorities.
April 17, 2025: OpenAI has released o3 and 04-mini, two reasoning AI models designed to be extra good at programming, math, and science and that can use images to “think,” according to Engadget, This ...
OpenAI considers accusing Microsoft of anticompetitive behavior amid partnership tensions, potentially seeking regulatory review ...
In a regulatory filing, Oracle said that it signed up a cloud customer to spend more than $30 billion a year from FY28. The ...
Also in today’s newsletter, the Dalai Lama claims control over succession, and UK bonds slump on doubts over Reeves’ future ...
OpenAI is said to already be preparing for a public dispute with Microsoft –, including accusations of anti-competitive behavior.
The clip showed Sam Altman and Jony Ive chatting about the future of artificial intelligence hardware in a San Francisco bar.
SoftBank's mega AI bet is on shaky ground as OpenAI scrambles to rewrite its future--and Microsoft holds the pen.
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OpenAI has received a $200 million contract from the Pentagon. The company will supply advanced AI tools to the US government. These tools will enhanc ...
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