The Ministry of Communications and Information Technology (MCIT) and Oracle have signed an agreement to renew the technical s ...
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 ...
(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.
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. Oracle Shares Skyrocket ...
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 ...
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 ...
This article is from the weekly Barron’s Tech email newsletter. Sign up here to get it delivered directly to your inbox. Inference Liftoff. This year’s market reminds me of the movie Groundhog Day. In ...
Wells Fargo believes that Oracle has more AI-fueled gains ahead. In a Wednesday note, the bank initiated the stock at an overweight rating and set a price target of $280, which implies 39% upside.
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 ...
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