Oracle shares were down 4.5% on Monday, after The Information reported that the cloud firm’s Stargate joint venture with OpenAI and SoftBank floundered after its flashy announcement at the White House ...
The cloud computing competitor trades for a lower valuation than its bigger peers.
Oracle’s ORCL second-quarter results missed our expectations on multiple fronts. Cloud Applications’ 11% growth saw some sequential acceleration, but Cloud Infrastructure’s 68% expansion was at least ...
Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud ...
Business solutions provider Oracle NetSuite announced a cavalcade of new AI product offerings across its entire suite, providing capacities for automation, analytics, project management and more.
Oracle is rapidly expanding data center capacity with a $25B capital outlay, positioning itself as a leading enterprise cloud and AI infrastructure provider. Enterprise adoption of GenAI and agentic ...
As Oracle's stock was soaring following the company's earnings report on Tuesday, analysts were gushing about the numbers and the company's prospects in artificial intelligence. "I'm sort of blown ...
OpenAI has struck a deal with Oracle to add an astounding 4.5 gigawatts of US data center capacity to power the massive workload required by its large language models. The companies haven't specified ...
Oracle benefits from the AI boom with strong stock performance, but its price still presents a decent entry point. Oracle's moat is built on it cloud business, particularly in training large language ...
OpenAI has inked a deal with Oracle Corp. to develop 4.5 gigawatts’ worth of data center capacity in the U.S. The companies announced the agreement today. It’s part of Stargate, an initiative to build ...