Oracle's stock just surged 30% overnight as Wall Street realizes this isn't your father's database company anymore.

Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street Journal, will see OpenAI purchase computing power from Oracle over the next several years in a bet that could reshape the cloud market. The scale of the pact underscores both the opportunities and risks tied to the AI boom.

OpenAI signs $300B Oracle deal for 4.5 GW compute under Project Stargate, expanding AI infrastructure from 2027.

Oracle’s recent layoffs have shaken thousands of employees in India and the U.S., highlighting the human toll of restructuring even as the company expands AI and cloud investments.

Jim Cramer attributes Oracle's monumental $455 billion backlog to the 'Stargate' AI infrastructure project, questioning the 359% surge.

Oracle's blockbuster gains briefly propelled CEO Larry Ellison to the position of the world's richest person, surpassing Tesla CEO Elon Musk.

OpenAI and Oracle sign a monumental $300 billion cloud deal for Project Stargate. Here is how this massive five-year contract, one of the largest in history, will power OpenAI's next-gen AI and is already sending Oracle's stock and CEO Larry Ellison's wealth soaring.

Shares of U.S. software company Oracle surged 36% in a single day on the 10th (local time). The company is experiencing a golden era as its cloud business saw significant growth in the quarterly earnings announced the previous day,

OpenAI and Oracle signed a deal “to purchase $300 billion in computing power over roughly five years,” one of the largest cloud computing deals ever, reports the Wall Street Journal.

OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.

The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years.