This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the ...

Oracle stocks jumped more than 28% in premarket trading on Wednesday after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. The company said ...

Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...

OpenAI will pay Oracle $300 billion over the course of five years to fuel Sam Altman's AI ambitions by providing five gigawatts of compute capacity. At least that's what unnamed sources familiar with ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...

OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “AI will change everything,” Oracle founder Larry Ellison announced on Tuesday. Artificial intelligence has ...

The market rally slowed on Wednesday with most stocks ending the day lower–yet the S&P 500 managed to clinch another record. The S&P 500 ended 0.3% higher, building on its high from Tuesday. The ...

Bailey Smith has hurled expletives at veteran News Corp photographer Alison Wynd at Geelong Cats training. Smith took exception to being photographed at a training session, where the club invited ...

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...