Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company jumped almost 9% on the news at one point. It ended the trading session up 4%.

The UK's Ministry of Defence has delayed procurement of a £92 million contract to implement Oracle's Fusion cloud-based ERP system.… Last year, the majority of central government departments made ...

Last week, it was reported that OpenAI is paying Broadcom $10bn to make custom AI chips. OpenAI has reportedly signed a $300bn contract with Oracle to purchase the company’s computing power over a ...

OpenAI signed a contract with Oracle ORCL-1.71%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...