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Oracle, OpenAI Sign $300 Billion Cloud Computing Deal

What Oracle’s $300B OpenAI deal means for enterprise cloud strategy

A single $300 billion contract has seemingly transformed Oracle from a traditional ERP and database vendor into a cloud computing powerhouse.

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OpenAI and Oracle reportedly ink historic cloud computing deal

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OpenAI, Oracle sign $300 billion computing deal, WSJ reports

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Oracle on cloud nine, AI bets paying off

Oracle is making a significant push into the AI sector by leasing its cloud infrastructure, a move that briefly elevated Larry Ellison to the world's wealthiest individual.

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Oracle's blockbuster surge shows AI trade's growing influence on market

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Oracle shares slip after record AI-fuelled surge toward $1 trillion club

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Oracle hovers near $1 trillion valuation on AI-driven gains

"Oracle lit a fire under the rekindled AI trade," said Richard Hunter, head of markets at Interactive Investor, adding that the company's multi-billion-dollar demand outlook has triggered a "ripple e...

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

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OpenAI signs $300B Oracle cloud deal under Project Stargate

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Oracle soars on AI cloud gains, Ellison closes in on Musk as world's richest

Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to around $392.6 billion, according to Forbes. He is rapidly closing in on Tesla chief Elon Musk in the race for the title of the world's richest person. Musk's net worth last stood at $439.9 billion.

S&P 500 and Nasdaq notch record-high closes as Oracle soars on AI optimism

(Reuters) - The S&P 500 and the Nasdaq were on track for a higher open on Wednesday after cooler-than-expected producer inflation data boosted bets on a September interest-rate cut by the Fed, while a surge in cloud computing firm Oracle added to gains.