Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Oracle has announced the general availability of Oracle SQL Developer Release 1.2 that features new capabilities to ease the migration and consolidation of third-party databases onto Oracle Database ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data centers and other equipment, raising fresh doubts about how quickly it can ...
With a focus on cost-efficiency, flexibility, and specialized use cases, Oracle has transformed from a legacy software giant to a serious contender in the public cloud space. When Oracle launched its ...
(RTTNews) - Oracle (ORCL) has released Java 25 - Oracle JDK 25, the latest version of the world's most widely used programming language and development platform. Designed to boost developer ...
OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...
OpenAI signed a contract with Oracle ORCL-2.29%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
With native support for Oracle Databases, the MCP server will allow developers to build AI agents that can autonomously query, reason, and generate insights without custom integration layers. Oracle ...
Oracle reported results that exceeded estimates for the previous quarter. CEO Safra Catz said cloud infrastructure revenue will increase more than 70% in the 2026 fiscal year, up from 50% growth in ...
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