Oracle's contract comes shortly after Amazon Web Services secured a $581.3m task order and Microsoft a $170m contract, both also part of the Cloud One program. Oracle previously secured a $222.53m ...
Oracle CEO Safra Catz confirms a new, mystery cloud contract worth $30 billion Last year's total cloud revenue stood at $24.4 billion, so it's a big increase Oracle says it will spend big on ...
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Oracle draws retail attention after plan to raise up to $50B debt and equity in 2026
Oracle is raising the funds to meet the contract cloud demand from its customers, including AMD, Meta, NVIDIA, OpenAI, TikTok ...
The Pentagon recently named Amazon and Microsoft as the finalists for the much-debated $10 billion winner-take-all cloud contract. Last week, Oracle Chief Lobbyist and EVP Keneth Glueck told Bloomberg ...
However, there’s something more specific impacting Oracle: bondholders have just initiated a lawsuit concerning possible ...
Oracle ORCL is gearing up for its next phase of growth, backed by an expanding contract pipeline and a surge in demand for cloud and AI infrastructure. In the first quarter of fiscal 2026, management ...
The US Department of Defense said it will terminate a plan to use Oracle Corp. software to manage its civilian workforce as part of the Pentagon’s cost-cutting efforts. “This program was intended to ...
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