Broadcom and Oracle continue to outperform the “Magnificent Seven,” making the “Ten Titans” a better representation of market leaders. Hyperscalers are turning to Broadcom for its AI chips and ...
According to those familiar with the agreement, OpenAI and Oracle inked a $300 billion contract to buy processing power over a five-year period. The deal, which is among the biggest cloud contracts ...
Oracle announced that longtime CEO Safra Catz will be replaced by two new internal hires: Clay Magouyrk, 39, and Mike Sicilia, 54. The outgoing CEO described the two as “a match made in heaven”—two ...
Oracle dominates in enterprise databases, creating high switching costs. Offering SaaS and IaaS in one, it is growing fast with a guidance of 40% YoY cloud services growth. Oracle guided for 100% ...
AI spending at Microsoft and Oracle is even higher than it looks, thanks to this accounting maneuver
Big Tech companies are using finance leases to fund data-center buildouts, circumventing massive up-front cash outflows Microsoft and Oracle have dramatically increased their use of finance leases, ...
In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
Nvidia has become the dominant company in the AI chip market. Oracle sees its cloud infrastructure business soaring thanks to AI customers. All of this has helped Nvidia's earnings to roar higher, ...
Oracle Corp. today appointed Clay Magouyrk and Mike Sicilia as co-chief executive officers. Magouyrk and Sicilia are succeeding longtime CEO Safra Catz, who is moving to the role of executive vice ...
Oracle would run TikTok’s global operations while Microsoft is in talks to invest, according to NPR. Oracle would run TikTok’s global operations while Microsoft is in talks to invest, according to NPR ...
It is an ignominious end for Oracle Advertising, a part of the Oracle Data Cloud (ODC) that, at one point, consisted of top players in the category, including Datalogix for offline consumer data, ...
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