RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different for the database software maker ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
The artificial intelligence cloud provider released a blowout earnings report back in September that noted huge new demand for its AI cloud business. But not long after, Oracle's stock retreated as ...
Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...
Oracle's data centers are specifically geared for high-performance computing. The company is spending heavily to stay competitive in the AI infrastructure race, but so are most of its peers. Its ...
Oracle Corp. co-founder and Chairman Larry Ellison added to the number of employees who report to him after the company changed chief executive officers in September. About 64,000 workers at the ...
Oracle to Deploy 50,000 AMD AI Chips in Bid to Challenge Nvidia Your email has been sent Oracle is making a calculated play to loosen Nvidia’s grip on the AI chip market. The cloud giant will deploy ...
In this photo illustration, the Oracle logo appears on a smartphone reflecting a bright pink background. A consortium led by Oracle, Silver Lake, and Andreessen Horowitz plans to acquire 80% of TikTok ...
Technology company Oracle will provide security for the new TikTok entity in the United States, following the President Trump-backed deal to allow the social media company to keep operating in the U.S ...
(Reuters) -Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person ...
Oracle’s Ellison Eyes ‘Multi-Trillion-Dollar’ AI Inference Market Your email has been sent Oracle Corp. is shaking off its reputation as a cloud laggard after reporting a surge in artificial ...