Malcolm Ethridge, managing partner at Capital Area Planning Group, said in a recent program on CNBC that he’s trimming his ...
Oracle ($ORCL) came in swinging in the cloud arena, shifting from a sleepy position among hyperscalers to suddenly trying to ...
Oracle will deploy 50,000 AMD AI chips and launch a new open lakehouse platform, signaling a major push to rival NVIDIA in the enterprise AI cloud race.
Oracle will deploy 50,000 AMD AI chips and launch a new open lakehouse platform, signaling a major push to rival NVIDIA in the enterprise AI cloud race.
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then. Chief Executive Officer Clay Magouyrk ...
Oracle is generating significant revenue by renting out Nvidia GPU-powered servers, but its cloud computing business reports a gross margin far below market expectations. According to Bloomberg and ...
Oracle’s data centers are purpose-built for artificial intelligence (AI). The tech giant is winning high-value contracts across the AI landscape. Oracle is working with AWS, Microsoft Azure, and ...
Oracle Cloud has partnered with e& enterprise – the digital transformation arm of UAE telco e& (formerly Etisalat) – to deliver the next generation of OneCloud, a UAE-based sovereign hyperscale cloud ...
Oracle ORCL is making a bold bet on cloud expansion as the foundation of its long-term growth path. In the first quarter of fiscal 2026, Oracle Cloud Infrastructure (OCI) revenues climbed 55% year ...
Oracle Corporation is in the later stages of signing a multi-year cloud computing contract with Meta Platforms, which may take up to two billion dollars, making it one of the largest AI infrastructure ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
Oracle on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ...