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Oracle also said it will invest $2 billion in its Frankfurt cloud region, in Germany, over a five-year period.
Scotiabank sees Oracle as an AI infrastructure breakout, forecasting $10B GPU revenue in 2026 and a $300 stock price target.
Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.
The 4.5 gigawatt commitment will create more than 100,000 construction and operations roles in the U.S., according to a ...
In addition to the 4.5 gigawatts of capacity announced today, Oracle is responsible for building one of OpenAI’s Texas data ...
Oracle (NYSE:ORCL) and OpenAI have entered a strategic partnership to construct an additional 4.5 gigawatts of AI-focused ...