OpenAI expands Oracle data center deal
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Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.
Oracle's cloud deals worth $30Billion could make it a leading player in hyperscale cloud. Analysts see long-term growth potential and strong AI position.
Oracle Corp. is getting closer to achieving a feat accomplished by only 13 other U.S. companies.
Oracle Corp is in negotiations with Skydance Media for a significant software deal, potentially worth $100 million, contingent on Skydance's acquisition of Paramount Global. Bloomberg reports that these discussions focus on enhancing cloud services once the acquisition is finalized.
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Cryptopolitan on MSNOpenAI and Oracle team up to build 4.5GW of AI firepowerOpenAI is working with Oracle Corp. to roll out 4.5 gigawatts of new data center power across the U.S., according to Bloomberg.
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Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost.
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We recently published 8 Stocks That Jim Cramer Recently Talked About. Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer recently discussed. Oracle Corporation (NYSE:ORCL) is one of the biggest enterprise computing software providers in the world.