Oracle's Chief Technology Officer (CTO) and billionaire Larry Ellison has personally pledged $40.4 billion to back his son’s Paramount takeover bid for Warner Bros. Discovery, aiming to keep the ...

This top cloud stock is trading 43% off its previous high as demand for AI cloud services is accelerating. The accelerating growth in orders signals insatiable demand for AI cloud services, making now ...

Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...

Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.

Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. It’s too soon to be talking about the Curse of OpenAI, but we’re going to anyway. Since September 10, when ...

Oracle has evolved from a stodgy legacy software company to a cloud-first service provider. The company is winning massive multiyear cloud contracts with leading hyperscalers. Oracle is taking on debt ...

Oct 14 (Reuters) - Oracle (ORCL.N), opens new tab will offer cloud services using Advanced Micro Devices' (AMD.O), opens new tab upcoming MI450 artificial intelligence chips, the companies said on ...

Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced that its connectivity cloud platform will be available natively on Oracle Cloud Infrastructure (OCI) for customers ...

For over 20 years, BNP Paribas has deployed Oracle technology to manage part of its on-premises databases. BNP Paribas has today announced that it will now adopt Oracle Exadata Cloud@Customer to ...

ORACLE on Monday named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company’s cloud strategy and thrusting it to the forefront of the ...