CEO Clay Magouyrk, who was recently appointed to co-lead the tech company, says he’s confident that AI firm OpenAI ($PC:OPAIQ ...

Oracle CEOs Clay Magouyrk and Mike Sicilia sit down with CNBC's David Faber to discuss the company’s partnership with OpenAI, the surge in AI infrastructure demand, and how Oracle is managing risk as ...

OpenAI has announced a collaboration with chipmaker Broadcom to design its own AI computer chips. The companies plan to start ...

The $300B deal is a reminder that despite Oracle’s legacy status, it shouldn’t be overlooked when it comes to AI ...

The companies said OpenAI would design the chips, which Broadcom will develop and deploy starting in the second half of 2026.

Sarah Kunst, Managing Director at Cleo Capital, said in a recent program on CNBC that the market is getting overexcited about ...

By some estimates, OpenAI has this year inked $1 trillion worth of infrastructure deals. Altman says to expect even more.

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.

Oracle issued a security alert warning of a fresh security flaw impacting its E-Business Suite that it said could allow ...

OpenAI has signed more than $1 trillion worth of compute deals this year, chasing the infrastructure it says it needs to ...

KeyBanc Capital Markets has estimated that the company could require as much as $25bn per year to help it build the cloud ...

OpenAI was an artificial intelligence research lab little known outside of Silicon Valley before ChatGPT debuted in November ...