Oracle has a new top bull on Wall Street. Jefferies raised its price target for the cloud computing giant’s stock to $270 ...

As investors know, businesses across the world have been spending billions over the last couple of years buying chipsets and ...

Email me at: [email protected] The $500B Stargate Project represents a pivotal moment for both technology and ...

There are definitely easier businesses to be in than operating a neocloud. For one thing, the makers of AI accelerators, ...

Stargate — OpenAI’s project with partners including Oracle and SoftBank Group Corp. to invest $500 billion in AI infrastructure — was first announced in January at the White House.

Jefferies raised the price target on Oracle's (ORCL) stock to $270 from $220 while maintaining its Buy rating on the shares.

To meet the additional demand from OpenAI, Oracle will develop multiple data centres across the U.S. with partners, the people said. Sites in states including Texas, Michigan, Wisconsin and Wyoming ...

CoreWeave noted in its IPO prospectus that the lockup period extends until either the close of trading on the second day after the company reports its second quarter of earnings as a public company or ...

Oracle Corp. disclosed a series of major cloud-services agreements last week that some analysts said represent "a pivotal moment" in the company's transformation into a hyperscale cloud power and ...

OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial ...

However, experts have pointed out that heavy discounts are commonly offered to Oracle customers, and a 75 percent discount ...

Oracle will build new data centres in the US to provide 4.5 gigawatts of computing power to the Stargate initiative. OpenAI has already agreed to rent the infrastructure, according to a report by ...