Oracle has raised $18 billion in debt, which could help fund massive datacenter investments aimed at meeting surging demand from AI model builders and enterprise customers. According to Securities and ...
Oracle is set to transform into a top-tier cloud infrastructure player after securing a $300 billion, five-year deal with OpenAI. The "Stargate" project will see ORCL deliver massive AI data center ...
On Monday, September 22, Oracle's stock surged over 6% following a significant leadership change. The company announced that CEO Safra Catz will transition to Executive Vice Chair, and the CEO role ...
Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the technology company's board. The announcement comes as Oracle founder Larry ...
A few weeks after its shares surged on strong earnings, Oracle Corp. is making a pair of high-profile leadership changes. The Austin-based tech giant said Monday that company insiders Clay Magouyrk ...
Oracle shares dipped around 4%, as investors took a step back following Wednesday’s historic surge, one largely driven by explosive demand for AI computing power and a series of multi-billion-dollar ...
Austin-based cloud computing giant Oracle is laying off 101 employees in Seattle, less than a month after a previous round of cuts at the same location. The cuts, disclosed Tuesday in a state ...
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