Oracle scooped an $88 million contract to provide cloud services to the US military, maintaining its role as a key partner in an enterprise platform run by the nation’s Air Force. The $88 million is a ...
Oracle Corp. shares rebounded on Monday following the announcement that the company is planning to raise up to $50 billion this year through a combination of debt and equity sales. This capital will ...
Oracle upped its focus on healthcare, unveiling the development of a generative AI platform to tackle data fragmentation and so speed the process of putting information into action. The Oracle Life ...
Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a ...
Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027. An Oracle spokesperson did not specify ...
Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
Oracle’s cloud RPO hit $455B last quarter, up 359% year over year. The company expects FY26 CapEx of $35B to build GPU clusters for AI infrastructure. Multi-cloud database revenue grew 1,529% as ...
Oracle reported first-quarter financial results in September with revenue and earnings per share missing analyst estimates. Guidance from the company sent shares higher, with Oracle one of the ...
Oracle Health now connects directly to all other designated qualified health information networks under the Trusted Exchange Framework and Common Agreement. Oracle customers can participate in the ...
SALINE TWP., MI — Saline Township officials got an earful from residents opposed to a massive $7 billion, 2.2 million-square-foot data center for tech giants like OpenAI and Oracle to use. Some ...
Analysts have optimistic price targets on Oracle stock. The company expects AI infrastructure deals to lead to an explosion in cloud computing revenue. A megadeal with OpenAI carries some risk.
Only 11 public companies -- 10 of which trade on U.S. exchanges -- have reached the trillion-dollar valuation plateau. Oracle's high-margin Cloud Infrastructure segment is projected to 14X its sales ...