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 ...

Oracle ORCL is making a bold bet on cloud expansion as the foundation of its long-term growth path. In the first quarter of fiscal 2026, Oracle Cloud Infrastructure (OCI) revenues climbed 55% year ...

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 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 reportedly looking to raise funds just weeks after the company inked a historic AI infrastructure deal with OpenAI. Cloud infrastructure giant Oracle is looking to raise $15 billion through ...

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 ...

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 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 ...

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 Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...

(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 ...