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 ...
Oracle is investing heavily in artificial intelligence, and it may be taking on too much risk in the process. Its top-line results fell short of expectations in its most recent quarter. The company ...
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 ORCL is making a bold bet on cloud expansion as the foundation of its long-term growth path. In the first quarter of fiscal 2026, Oracle Cloud Infrastructure (OCI) revenues climbed 55% year ...
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 ...
The AI infrastructure race was supposed to be a straight line up and to the right, a capital spending binge that would pay for itself in new cloud revenue and high-margin software. Oracle’s sudden ...
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 ...