TikTok buyers to include Oracle, Silver Lake and Andreessen

Under the deal, ByteDance Ltd.’s stake in TikTok would be reduced to below 20% to satisfy a US national security law passed in 2024

OpenAI and Oracle Sign $300B Cloud Computing Deal for Project Stargate

OpenAI and Oracle sign a monumental $300 billion cloud deal for Project Stargate. Here is how this massive five-year contract, one of the largest in history, will power OpenAI's next-gen AI and is already sending Oracle's stock and CEO Larry Ellison's wealth soaring.

Jim Cramer Says Oracle's $455 Billion Backlog Is Because Of Stargate Project: 'Who Else Would Be Placing Those Orders'

Jim Cramer attributes Oracle's monumental $455 billion backlog to the 'Stargate' AI infrastructure project, questioning the 359% surge.
YourStory

OpenAI signs $300B Oracle cloud deal under Project Stargate

OpenAI signs $300B Oracle deal for 4.5 GW compute under Project Stargate, expanding AI infrastructure from 2027.

OpenAI and Oracle reportedly ink historic cloud computing deal

OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.

OpenAI reportedly signs $300 billion Project Stargate cloud deal with Oracle

OpenAI and Oracle signed a deal “to purchase $300 billion in computing power over roughly five years,” one of the largest cloud computing deals ever, reports the Wall Street Journal.
The News International

OpenAI inks monumental $300 billion cloud deal with Oracle

One of the largest cloud contracts in history has been signed between OpenAI and Oracle. The American artificial intelligence company has signed a staggering $300 billion agreement with

OpenAI and Oracle strike $300B cloud computing deal to power AI

The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its investments on AI infrastructure have already outpaced its cash flow, and it has a total debt-to-equity ratio of 427%, compared with just 32% for Microsoft.
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