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Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise capital or ...
Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...
The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...
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 ...
Following the first-quarter report, major news outlets reported that a gigantic deal with OpenAI was behind a big chunk of ...
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The vast majority of new revenue revealed by Oracle will come from OpenAI deal, sources say.
OpenAI signs $300B Oracle deal for 4.5 GW compute under Project Stargate, expanding AI infrastructure from 2027.
Cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after reducing its local workforce.