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 appoints two new co-CEOs as former leader Safra Catz becomes executive vice chair of Oracle’s board. Here’s what you need to know about Oracle’s new CEOs, Clay Magouyrk and Mike Sicilia. Oracle ...

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 has sort of come roaring back as one of the centers of that trade. And Safra Catz, one of the most powerful women in tech, now moving into a different role. 00:09 Speaker B Indeed. In fact, ...

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 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 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 ...

Rumor mill: The potential accord with Meta highlights how intensely companies are competing to lock in the resources needed for AI development. As workloads for advanced models increase in complexity ...

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 is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...