Oracle is simultaneously planning heavier capital expenditures and signing up for leases to meet demand for cloud infrastructure for artificial intelligence customers such as OpenAI. The company ...
Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...
Tech giant Oracle has reverted to a dual-CEO system that defies conventional wisdom, but it has broken tradition before in its evolution from databases to software, cloud-computing and AI ...
Sept 24 (Reuters) - Oracle (ORCL.N), opens new tab is aiming to raise $18 billion in debt, a regulatory filing showed on Wednesday, as the company looks to invest heavily in building out cloud ...
When everything is working well, printing can feel effortless. Just click to print, and your document emerges from the printer moments later. When your printer isn’t properly connected to Wi-Fi, ...
In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
Sept 10 (Reuters) - OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle (ORCL.N), opens new tab, among biggest in history, the Wall Street ...
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...
Oracle said in its earnings report that remaining performance obligations jumped 359% from a year earlier. The company now sees $144 billion in cloud infrastructure revenue in the 2030 fiscal year, up ...