Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing.
In the high-stakes world of cloud computing, Amazon.com AMZN and Oracle ORCL represent contrasting approaches to capturing the explosive growth in artificial intelligence and enterprise computing.
Oracle said Sunday it plans to raise between $45 billion and $50 billion this year through a mix of debt and equity to fund the rapid expansion of its cloud computing business. Oracle said the funds ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Oracle ORCL-3.37%decrease; red down 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 another ...
While the size of the bond deal has not been officially announced, Oracle said that half the US$50bn capital raise would come ...
Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...
Oracle shares were higher on Monday after the company disclosed plans to raise between $45 billion and $50 billion in funding ...
FILE PHOTO: FILE PHOTO: The company logo for Oracle Corp. is displayed on a screen on the floor at the NYSE in New York SINGAPORE (Reuters) - Oracle said on Wednesday it would provide Singapore's ...
We recently compiled a list of the 12 Best Cloud Computing Stocks to Buy According to Analysts. In this article, we are going to take a look at where Oracle Corporation (NYSE:ORCL) stands against the ...
SINGAPORE (Reuters) - Oracle said on Wednesday it would provide Singapore's defense technology arm with "isolated" cloud computing and AI services, in the company's first such deal in Southeast Asia.