Oracle (ORCL) – The Stargate project catapults Oracle into the AI Champions League of the future!

Oracle secures pole position in the AI infrastructure race with the $30 billion Stargate deal, doubling its cloud business!
L. Kulikov
Reading Time: 1 minute

I am positively surprised by Oracle's strategic coup: The $30 billion cloud deal starting in 2028 – mostly with OpenAI – already surpasses the entire current cloud business today! The planned provision of 4.5 gigawatts of computing power corresponds to several nuclear power plants and illustrates the gigantic dimensions of the AI boom. Oracle is transforming itself from a traditional database provider into an indispensable AI infrastructure partner. While the broader market initially sees short-term cash flow burdens from the massive investments,...

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