Oracle is a natural partner as it is already one of the biggest data center operators in the U.S., while SoftBank has the money required to finance ambitious infrastructure projects.

OpenAI is scaling up its plans with Oracle. Meanwhile, questions remain about Softbank's involvement in the Stargate AI project.

The first phase of that project will be the 1-gigawatt Stargate UAE project, built by state-backed UAE firm G42 in partnership with US firms OpenAI, Oracle, Nvidia and Cisco Systems, as well as ...

Oracle (NYSE:ORCL) and OpenAI, backed by Microsoft (NASDAQ:MSFT), have announced a partnership to build 4.5 gigawatts of additional Stargate data center capacity in the U.S., pushing total ...