Oracle(ORCL)

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X @TechCrunch
TechCrunch· 2025-07-22 20:38
Financial Commitment - OpenAI agreed to pay Oracle $30 billion (30B) per year for data center services [1]
OpenAI agreed to pay Oracle $30B a year for data center services
TechCrunch· 2025-07-22 20:36
Core Insights - OpenAI has confirmed a significant deal with Oracle for data center services, which is expected to generate $30 billion annually [1][2][4] - The deal involves 4.5 gigawatts of capacity as part of the Stargate project, a $500 billion initiative involving OpenAI, Oracle, and Softbank [4] - OpenAI's annual recurring revenue has recently reached $10 billion, indicating substantial growth [8] Company Details - Oracle's SEC filing revealed the $30 billion cloud deal, which led to a surge in its stock price and increased the wealth of its founder, Larry Ellison [2][3] - The deal represents a significant portion of Oracle's cloud services, which totaled $24.5 billion for all customers in fiscal 2025 [3] - Oracle's capital expenditures are projected to reach nearly $50 billion over two years, primarily for data centers [6] Project Implications - The construction of the data center at the Stargate I site in Abilene, Texas, will be a costly endeavor for both OpenAI and Oracle [5] - The power capacity of 4.5 gigawatts is equivalent to the output of two Hoover Dams, sufficient to power approximately four million homes [4] - OpenAI's commitment to Oracle's services is three times its current annual revenue, highlighting the scale of the investment [8]
OpenAI and Oracle to Expand US Data Center Capacity
Bloomberg Technology· 2025-07-22 19:25
Stargate partners OpenAI and Oracle announced plans to develop additional US data center capacity with OpenAI getting 2 million AI chips from Oracle. Bloomberg’s Brody Ford discusses with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.youtube.com/playlist?list=PLfAX25ZLrPG ...
Oracle and OpenAI add 4.5GW data center capacity. Here's the upside for Oracle
CNBC Television· 2025-07-22 18:22
Data Center Expansion - OpenAI and Oracle are undertaking a new 4.5 GW data center expansion [1] Industry Collaboration - CNBC's Kristina Partsinevelos discusses the collaboration between OpenAI and Oracle on 'Money Movers' [1]
Own under-owned names in the market, be careful on over-owned, says Ariel's Charlie Bobrinskoy
CNBC Television· 2025-07-22 18:14
Market Trends & Short Interest - Small cap value stocks, oil stocks, and building stocks have been heavily shorted, but this trend is reversing [1] - Institutions are currently underinvested in energy, building materials, and small cap value [2] - There is concern about excessive excitement surrounding large cap growth stocks, which dominate the S&P 500 [3] Company Performance & Valuation - 10 out of 14 companies in the Russell 3000 that have more than tripled since April 8 lows are not generating profits [1] - A dental implant company, Zimvi, experienced a 122% increase in stock price due to a takeover offer and high short interest [1] - Oracle's valuation, trading at approximately 35 times forward earnings, is causing some concern [4] - Oracle's backlog has increased by 100% year-over-year, positioning it as a major internet provider [5] Investment Strategy - It is advisable to own names that the market is short or underowned, while being cautious of overowned names [2] - Trimming the Oracle position is considered appropriate, but exiting entirely is not recommended due to the company's growth potential and strong position in data and AI [4][5] - Oracle's advantage in AI stems from corporations using its software to store and analyze data [6]
OpenAI set to expand data centers with a $30 billion data center deal with Oracle
CNBC Television· 2025-07-22 17:04
CNBC’s Kristina Partsinevelos joins 'Money Movers' to discuss OpenAI signing a $30 billion data center deal with Oracle. ...
OpenAI与甲骨文将为星际之门项目进一步开发4.5吉瓦的数据中心容量
news flash· 2025-07-22 14:32
金十数据7月22日讯,据CNBC报道,甲骨文(ORCL.N)与OpenAI周二宣布,双方将在美国为星际之门项 目进一步开发4.5吉瓦的数据中心容量,标志着这一庞大基础设施项目正式进入扩建阶段。星际之门是 由OpenAI、甲骨文及软银联合成立的合资企业,计划在未来四年向美国的人工智能基础设施投资高达 5000亿美元。美国总统特朗普在1月份就职后不久宣布了"星际之门"计划。OpenAI表示,新增的数据中 心容量将在美国的建筑和运营岗位上创造超过10万个工作机会,并使正在开发的星际之门AI数据中心 的总容量超过5吉瓦。就在OpenAI发布这一最新消息的前一天,《华尔街日报》报道称,"星际之门"项 目一直难以启动。 OpenAI与甲骨文将为星际之门项目进一步开发4.5吉瓦的数据中心容量 ...
AI基建加速,OpenAI官宣联手甲骨文,扩建4.5GW数据中心
Hua Er Jie Jian Wen· 2025-07-22 13:48
Core Insights - OpenAI has announced a partnership with Oracle to develop an additional 4.5 gigawatts (GW) of data center capacity in the U.S., expanding their collaboration in AI infrastructure [1] - This expansion will increase the total capacity of the Stargate project to over 5 GW, with more than 2 million chips in operation, moving closer to the initial commitment of 10 GW [1] - Oracle's cloud service agreement is expected to contribute over $30 billion in annual revenue starting from fiscal year 2028, with the Stargate agreement being a part of this cloud initiative [2] Employment Impact - The new data center capacity is projected to create over 100,000 jobs, including direct full-time positions, temporary construction roles, and indirect jobs in manufacturing and local services [2][3] - The Texas data center construction has already created thousands of jobs, with ongoing operations expected to generate more employment opportunities [3] Project Development - The Texas Abilene data center is making significant progress, with some facilities already operational and the first batch of NVIDIA GB200 racks delivered [3] - OpenAI is utilizing this capacity for early training and inference workloads to advance next-generation research [3] Strategic Partnerships - The collaboration with Oracle is part of a broader initiative announced by the White House to invest up to $500 billion in AI infrastructure over four years [4] - OpenAI is also working with SoftBank, with both companies committing $19 billion each to the Stargate project, although there are reported disagreements affecting project goals [4] Future Plans - OpenAI plans to expand the Texas data center from 1.2 GW to approximately 2 GW and is considering new data center locations in several states, including Michigan, Wisconsin, and Pennsylvania [3][4] - The Stargate project has evolved into a comprehensive AI infrastructure platform, involving ongoing partnerships with Oracle, SoftBank, and CoreWeave [4]
X @Sam Altman
Sam Altman· 2025-07-22 12:50
we have signed a deal for an additional 4.5 gigawatts of capacity with oracle as part of stargate. easy to throw around numbers, but this is a _gigantic_ infrastructure project.some progress photos from abilene: https://t.co/JfutuoYvn9 ...
X @Bloomberg
Bloomberg· 2025-07-22 10:20
OpenAI and Oracle will develop 4.5 gigawatts of additional US data center capacity in an expanded partnership, furthering a massive plan to power AI workloads https://t.co/PdQMvWBFak ...