Oracle emerges as key player in AI race

Oracle’s $300B+ deal with OpenAI powers historic AI project, impacting tech, politics, and global supply chain.

Oracle is making headlines across tech, politics, and the global supply chain.

The company has struck a $300B+ deal with OpenAI to power “Stargate,” the largest AI infrastructure project in history. This requires vast investment in GPUs, advanced memory, and multi-gigawatt data centres.

Oracle also sits at the heart of the U.S. TikTok debate, playing a pivotal role in cloud security and geopolitics. Meanwhile, its cloud division is surging, with growth forecast at 77% and revenue obligations climbing to $455B.

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