Oracle ORCL delivered a milestone in the first quarter of fiscal 2026 as its Remaining Performance Obligations (RPO) soared 359% year over year to $455 billion, signaling one of the largest backlogs ...

(Reuters) -OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle, among biggest in history, the Wall Street Journal reported on Wednesday.

The majority of new revenue revealed by Oracle will come from OpenAI deal, sources say. Oracle Shares Skyrocket as Software Giant Scores Massive AI Deals Co-founder Larry Ellison's fortune rises by ...

Oracle (NYSE: ORCL) isn't the biggest cloud services provider around, but it's one of the fastest-growing right now -- and the company, once most known for database management, is going all-in on ...

Oracle’s focus on cloud infrastructure is bearing fruit, with contracts and revenue on the rise. The company signed about 30 artificial intelligence (AI) contracts worth more than $12 billion in the ...

The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble. Vista Equity Partners ...

Sept 19 (Reuters) - Oracle (ORCL.N), opens new tab is in talks with Meta (META.O), opens new tab for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's ...

Oracle's cloud revenue growth may be cooling Oracle's adjusted profit boosted by $2.7 billion Ampere sale Oracle's future contracts rise 14.94% to $523 billion Shares fall 10% in extended trading Dec ...

OpenAI signed a contract to purchase $300 billion in computing power over roughly five years from Oracle ORCL34.60%increase; green up pointing triangle, people familiar with the matter said, a massive ...