Core Insights - Oracle plans to purchase $40 billion worth of Nvidia's chips to support the Stargate project, a new data center in Abilene, Texas, which will utilize 400,000 of Nvidia's GB200 "superchips" for AI systems [1] - The data center is projected to be operational by mid-2026, providing 1.2 gigawatts of power and will be among the largest data centers globally [2] - The Stargate project has secured $11.6 billion in funding commitments, expanding the data center from two to eight buildings, bringing total funding to $15 billion [3] Industry Context - AI data centers are essential as traditional data centers struggle to meet the demands of AI's computational power and energy requirements [4] - AI facilities require specialized hardware and infrastructure, such as dense configurations of GPUs and AI accelerators, to handle complex calculations for AI workloads [5] - The $30 billion AI Infrastructure Fund, backed by BlackRock, Microsoft, and MGX, aims to raise up to $100 billion for AI development, focusing on constructing data centers and securing power sources [6]

Core Insights - Oracle plans to invest approximately $40 billion in Nvidia's high-performance chips to support OpenAI's new data center in Abilene, Texas, as part of the US Stargate Project aimed at enhancing the country's position in the AI sector amid global competition [1][7]. Group 1: Investment and Financing - Oracle will acquire around 400,000 of Nvidia's GB200 chips and lease the computing power to OpenAI, with the data center expected to be operational by mid-next year [2][4]. - JPMorgan has provided significant debt financing totaling $9.6 billion, while site owners Crusoe and Blue Owl Capital have invested about $5 billion in cash [5]. Group 2: Strategic Implications - The data center will enable OpenAI to lessen its reliance on Microsoft, as the demand for power has exceeded what Microsoft can supply [5]. - For Oracle, this initiative represents a chance to enhance its cloud computing capabilities and compete more effectively with industry leaders like Microsoft, Amazon, and Google [6]. Group 3: Future Developments - Oracle, OpenAI, and Nvidia are also collaborating on a Stargate project in the UAE, where a new AI data center is planned, expected to utilize over 100,000 Nvidia chips, with the first phase set to launch in 2026 [6].

Alphabet Chief Investment Officer Ruth Porat (L) and Nvidia CEO Jensen Huang (R) wait to meet the Saudi Crown Prince at the Royal Court in Riyadh on May 13, 2025.Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping Stargate artificial intelligence campus in the United Arab Emirates."AI is the most transformative force of our time," said Nvidia CEO Jensen Huang in a release Thursday. "With Stargate UAE, we are building the AI infrastructure to power the country's bol ...

AI-powered fulfillment capabilities and real-time inventory visibility position Oracle Fusion Cloud Warehouse Management as the standard for SaaS warehouse management solutionsAUSTIN, Texas, May 22, 2025 /PRNewswire/ -- Oracle has been named a Leader in the 2025 Gartner® Magic Quadrant™ for Warehouse Management Systems. For the 10th year in a row, Oracle was recognized based on its Ability to Execute and Completeness of Vision for Oracle Fusion Cloud Warehouse Management. A copy of the report is available h ...

In the high-stakes world of cloud computing, Amazon.com (AMZN) and Oracle (ORCL) represent contrasting approaches to capturing the explosive growth in artificial intelligence and enterprise computing. Amazon, with its dominant Amazon Web Services (“AWS”) cloud platform, continues to leverage its first-mover advantage and massive scale, while Oracle positions itself as a specialized provider of database and enterprise applications with growing cloud ambitions through Oracle Cloud Infrastructure.Both tech gia ...

Oracle (ORCL) closed the most recent trading day at $160.31, moving +0.42% from the previous trading session. The stock outpaced the S&P 500's daily loss of 0.39%. Elsewhere, the Dow saw a downswing of 0.27%, while the tech-heavy Nasdaq depreciated by 0.38%.Shares of the software maker witnessed a gain of 29.98% over the previous month, beating the performance of the Computer and Technology sector with its gain of 19.26% and the S&P 500's gain of 13.07%.Analysts and investors alike will be keeping a close e ...

Group 1 - Oracle has shown impressive returns compared to the S&P 500, indicating a shift from its previous image as a "boring database company" [1] - The company is characterized by growth in revenue, earnings, and free cash flow, which are essential investment criteria [1] - Oracle is recognized for its excellent growth prospects and favorable valuations, appealing to investors looking for steadily growing companies [1] Group 2 - The article emphasizes the importance of high free cash flow margins, dividend stocks, and generous share repurchase programs as attractive features for investment [1]

Partnership will build a global AI-powered healthcare platform to deliver more effective, scalable, and affordable careABU DHABI, United Arab Emirates, May 16, 2025 /PRNewswire/ -- Oracle Health, Cleveland Clinic, and G42 today announced a strategic partnership to develop a groundbreaking AI-based healthcare delivery platform. This initiative aims to improve patient care and public health management by leveraging AI, nation-scale data analytics, and intelligent clinical applications to create secure, scalab ...

Oracle’s (ORCL) recent announcement of its Health Clinical AI Agent represents a significant advancement in its broader push to embed AI capabilities across its product portfolio. The company has unveiled a multimodal voice and screen-driven assistant that helps physicians reduce documentation time by approximately 30%, addressing the critical issue of clinician burnout in healthcare settings.AI Innovation Driving Healthcare TransformationOracle Health Clinical AI Agent combines generative AI, agentic techn ...

In the latest market close, Oracle (ORCL) reached $162.95, with a +0.42% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.1%. Elsewhere, the Dow saw a downswing of 0.21%, while the tech-heavy Nasdaq appreciated by 0.72%.Shares of the software maker have appreciated by 21.15% over the course of the past month, outperforming the Computer and Technology sector's gain of 14.29% and the S&P 500's gain of 9.86%.Market participants will be closely following the ...