Oracle Cloud Infrastructure grew by 45% to $2.2 billion in revenue in its latest reported quarter, driven by rising demand ...
Oracle is also following the AI trend – but not the hype: instead, the Group is releasing many specific functions in its ...
Oracle's AI investments, particularly in cloud and application development, are poised to drive significant shareholder value ...
AWS, Microsoft, and Google are choosing Oracle — due to its neutrality — to run the data centers they use for training the large language models that drive AI chatbots, notes the Journal.
Investors will be watching for cloud infrastructure growth in fiscal 2025, with Oracle previously suggesting it could be well-positioned to benefit from the growing data needs of training and ...
Oracle beat sales and earnings expectations in fiscal Q1. Management issued solid performance guidance for the current quarter. Oracle also announced new partnerships with Amazon and Alphabet ...
One of the biggest tech giants in the world might owe you money. Oracle America, Inc. has agreed to settle a class action lawsuit that alleged the company tracked people’s online and offline ...
Oracle is planning to build a gigawatt-scale data center powered by three small nuclear reactors (SMRs), according to founder Larry Ellison. CTO and chairman Ellison told investors during an earnings ...
Oracle ORCL0.24%increase; green up pointing triangle missed the tech industry’s move to cloud computing last decade and ended up an also-ran. Now the artificial-intelligence boom has given it ...
(Bloomberg) -- Oracle Corp. said annual revenue will rise to at least $104 billion in fiscal 2029, an optimistic signal on the growth prospects of the software maker’s cloud infrastructure business.
(NEXSTAR) – Oracle has agreed to pay out $115 million to settle claims it tracked people’s online and offline activity, then violated privacy by selling the information to third parties.
Oracle's fiscal Q1 results were bolstered by a jump in cloud revenue. However, it is losing a big customer and earnings were boosted by an accounting change. The stock looks a bit pricey at ...