Oracle is reportedly negotiating a multi-year cloud computing agreement with Meta, potentially valued at $20 billion, to bolster Meta's AI model training capabilities. This follows reports of OpenAI's ...

Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person familiar ...

Oracle’s data centers are purpose-built for artificial intelligence (AI). The tech giant is winning high-value contracts across the AI landscape. Oracle is working with AWS, Microsoft Azure, and ...

Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...

Oracle CEO Safra Catz is stepping aside, to be replaced by a pair of executives with experience in the cloud, both holding the CEO title. They are Oracle’s cloud chief, Clayton Magouyrk, and long term ...

Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...

Oracle Corporation is in the later stages of signing a multi-year cloud computing contract with Meta Platforms, which may take up to two billion dollars, making it one of the largest AI infrastructure ...

Oracle is an enterprise software vendor based in Austin, Texas. It specializes in database software and enterprise software products, including enterprise resource planning (ERP), human capital ...

Oracle shares slide 9.7% in 3 days, now down 14% from Sept. 10 peak, entering correction territory. Redburn downgrades Oracle to sell, says OpenAI cloud deal offers thin margins, targets $175 stock ...

Oracle Cloud has partnered with e& enterprise – the digital transformation arm of UAE telco e& (formerly Etisalat) – to deliver the next generation of OneCloud, a UAE-based sovereign hyperscale cloud ...

(Reuters) -Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person ...