Oracle has signed a game-changing $30B annual cloud deal set to kick in by FY2028. With booming cloud growth, major AI ventures like Stargate, and a massive $138B sales backlog, Oracle is quickly emerging as a top player in the cloud and AI infrastructure space.
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The new MI355X Instinct now expected to arrive by mid-2025, is manufactured on TSMC’s 3nm node and built on AMD’s new CDNA 4 architecture
Oracle’s proposal was reportedly discussed in the Trump administration last week and includes guarantees of “no backdoor in a U.S. version of TikTok for China’s government to exploit.”
Oracle is part of the Stargate Project, a $500 billion AI infrastructure investment initiated by the Trump administration, along with tech giants Meta and OpenAI
Executives from OpenAI, SoftBank and Oracle plan to invest $500 billion in the Stargate Project over the next four years
Indian American founders Niken Patel and Vinay Saini secure investment from Keith Block for their customer service platform Neuron7.ai.
We want growth and need talented people to spur innovation, Hurd said