OpenAI expands Oracle data center deal
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OpenAI is scaling up its plans with Oracle. Meanwhile, questions remain about Softbank's involvement in the Stargate AI project.
With native support for Oracle Databases, the MCP server will allow developers to build AI agents that can autonomously query, reason, and generate insights without custom integration layers.
Skydance, which is acquiring Paramount Global in an $8 billion merger, was founded by Oracle Chairman Larry Ellison's son.
Ellison has officially moved up a spot on the Bloomberg Billionaires Index, surpassing Zuckerberg, who previously sat in the No. 2 spot.
Oracle Corp. is getting closer to achieving a feat accomplished by only 13 other U.S. companies.
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Oracle Cloud Infrastructure plans to deploy Bloom Energy fuel cells at several data centers in the US. Bloom said that it will deliver onsite power "for an entire data center within 90 days."
For those seeking a signal to potentially trade, looking for unusual call options volume can be a good place to begin a search. Traders who are willing to load up on an unusual amount of call options typically have decided that there is only one way a given stock can go, and that is up.
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Oracle and OpenAI are developing additional data-center capacity for the AI infrastructure project — but Evercore says investors are wondering how Oracle will finance the cost.