Tag:
Oracle
AI
Cohere Secures $500M Funding and Appoints Former Meta Executive Joelle Pineau as AI Chief
Cohere, a Canadian startup specializing in secure AI tools for enterprises, has successfully raised $500 million in a recent funding round, elevating its valuation...
AI
Oracle Empowers Customers to Attain Unmatched Availability and Performance for Mission-Critical and Autonomous AI Applications
Oracle's Globally Distributed Exadata Database on Exascale Infrastructure empowers businesses to efficiently run AI, analytics, and transactional workloads while significantly lowering costs. Officially launched...
AI
OpenAI to Pay Oracle $30 Billion Annually for Data Center Services
OpenAI has confirmed a massive deal with Oracle, aimed at enhancing its data center services, which is expected to generate $30 billion annually. This...
AI
OpenAI and Oracle Accelerate AI Competition with Ambitious 4.5 GW Data Center Initiative
In April 2025, OpenAI, SoftBank, and Oracle launched construction on the Project Stargate AI infrastructure site in Abilene, Texas. This collaboration aims to develop...
AI
Stargate Project on Hold: OpenAI and SoftBank’s $500B AI Initiative Hits Roadblocks Due to Internal Conflicts
The $500 billion Stargate AI project by SoftBank and OpenAI has hit major setbacks just six months post-launch. The Wall Street Journal reports that...
AI
OpenAI Secures $30 Billion Deal with Oracle for 4.5 GW Data Center Power Rental
OpenAI has sealed a groundbreaking $30 billion annual deal with Oracle to lease 4.5 gigawatts (GW) of computing power for its Stargate initiative, marking...
AI
Oracle and NVIDIA Enhance OCI Partnership with a Suite of 160 AI Tools
Oracle and NVIDIA have strengthened their partnership, allowing customers to access over 160 AI tools and leverage advanced computing resources for AI development on...