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OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs ...
Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...
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Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
The Journal says Oracle has a much greater debt load relative to its cash holdings than Microsoft, Amazon and Meta. Its ...
Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...
Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...
Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%.
Larry Ellison, now Oracle’s CTO, has played a major role in helping the company win AI cloud deals and pivot beyond legacy ...
Without Broadcom and Oracle, the "Magnificent Seven" is no longer a good representation of the market's leading growth stocks ...