The bond markets are growing concerned with Oracle's ability to finance its AI investments, and not least its $300 billion data center deal with OpenAI. The AI company is committed to renting servers, ...
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, ...
Oracle ORCL-5.40%decrease; red down pointing triangle has never given up gains this big, this fast. Investors nervous about the scale of capital that technology companies are plowing into ...
Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
Cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after reducing its local workforce. The cuts from the Austin, Texas-based company, disclosed Tuesday in a state ...
Oracle is going all-in on its AI-focused cloud business, pouring billions into building massive new data centers. One site under construction in West Texas will reportedly cost the company around $1 ...
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You have to spend money to make money, and that’s a key concept for Oracle Corp. investors now. The company ORCL is helping OpenAI boost its artificial-intelligence data-center capacity, and analysts ...
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