Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed ...

The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...

SOFTBANK Group Corp founder Masayoshi Son is nothing if not willing to make the kind of bold bets that other investors might ...

Masayoshi Son is envisioning a massive AI and robotics industrial zone in Arizona, potentially costing $1 trillion. This 'Arizona AI megaproject' aims to establish a US-based manufacturing ecosystem, ...

Oracle shares soared to a record high, as the database giant announced a $30bn cloud computing contract worth nearly triple the annual revenue it generates from its fastest-growing division. The tech ...

Microsoft and OpenAI are increasingly resembling rivals seeking separation after years of partnership, with tensions rising over control and resources. OpenAI's ambitions exceed Microsoft's ...

The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent. But analysts say the move won’t impact its capacity to serve its other ...

The project is in line with the multinational investment holding company’s aggressive strategy for investing in AI. This comes after the company pledged a $19 billion investment to the ambitious $500 ...

In all sectors, it is exceedingly important to have a force multiplier to get ahead of the competition or to maintain ...

AI models are still far from robust, which leaves Microsoft with plenty of leeway to deliver automation of mental tasks ...