It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ ...

OpenAI has reportedly entered into one of the largest cloud computing agreements in history, signing a deal worth nearly $300 billion with Oracle. The multi-year contract, expected to start in 2027, ...

In a series of posts on X, Cramer expressed astonishment at the market’s reaction and Oracle’s business pipeline. “Trying to figure out how much of that backlog for Oracle is Stargate because I don't ...

Multiple employees let go by the vendor worked in Oracle Cloud Infrastructure media services and sovereign cloud efforts. Oracle is the latest technology vendor to lay off employees, with cuts ...

OpenAI has just delivered a headline by announcing a huge 300 billion dollar cloud computing contract with Oracle, establishing what could be the largest technological alliance in history, and ...

OpenAI today confirmed that it has signed an agreement to purchase computing infrastructure worth $300 billion from Oracle Corp. over a period of roughly five years, as part of its previously ...

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 won a $100 million ERP project that will replace legacy systems at 34 colleges in Washington state, in a deal that highlights the continued relevance of its PeopleSoft product as it tries ...

Oracle (ORCL) delivered quarterly results that topped analysts’ expectations and projected strong growth, sending shares higher in extended trading Wednesday. Oracle shares jumped close to 7% in after ...

Oracle is laying off 161 workers in Seattle, according to a filing with the Washington state Employment Security Department. The cloud and database giant has more than 4,000 employees in the Seattle ...

Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. That marks a ...

(Bloomberg) --Oracle Corp. shares tumbled after a report that the software maker’s profit margin in its cloud computing business is lower than many on Wall Street have been estimating. While Oracle ...