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Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise capital or ...
OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...
Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...
The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...
Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
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Following the first-quarter report, major news outlets reported that a gigantic deal with OpenAI was behind a big chunk of ...
Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%.
In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...
Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...
Its new funny-money approach to cloud services is a naked attempt to keep customers from using real cloud solutions In other words, you can take the massive amount of money you’re tossing at Oracle ...