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 ...
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 ...
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 ...
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Oracle stock looks to extend rally with OpenAI in focus
Oracle stock was slightly higher Tuesday after starting the week with its best trading day in five months.
Software giant Oracle has a vast installed base of enterprise customers that it has agglomerated over the decades that gives it the cash flow to do many things. But what it does not have is the cash ...
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 ...
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.
OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial ...
Oracle plans to raise around half of the funding through a combination of equity-linked and common equity issuances, including mandatory convertible preferred securities and a new at-the-market ...
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 ...
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