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 ...
Software licensing sales helped Oracle report a slight rise in quarterly revenue on Monday, a sign that information technology spending is recovering, according to CEO Larry Ellison. The software ...
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 ...
(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.
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 ...
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 ...
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 ...
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 ...
Oracle spent the past two years racing to reinvent itself as an artificial intelligence infrastructure powerhouse, only to watch that story unravel in spectacular fashion. A stock that once traded as ...
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 ...