Oracle is shaking up its executive suite as it sets its sights on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.
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 ...
Details are emerging on the structure of the TikTok U.S. sales to Oracle and its partners. Oracle may not gain ownership of the TikTok algorithm, but only a license to use it. It's been about a week ...
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 ...
Sept 19 (Reuters) - Oracle (ORCL.N), opens new tab is in talks with Meta (META.O), opens new tab for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's ...
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 ...
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 has seen its revenue take off in recent times thanks to demand for AI capacity. The company already hosts TikTok’s U.S. data -- a new agreement could represent additional revenue opportunities.
(Bloomberg) --Oracle Corp. sold $18 billion US investment-grade bonds on Wednesday, the market’s second-largest deal this year, as the software maker ramps up its spending to meet the needs of the ...
Sept 24 (Reuters) - Oracle (ORCL.N), opens new tab is aiming to raise $18 billion in debt, a regulatory filing showed on Wednesday, as the company looks to invest heavily in building out cloud ...
American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...
Oracle (ORCL) is the latest mega-cap tech name putting up truly outstanding returns on the promise of artificial intelligence (AI), but long-time shareholders know ORCL stock has been a market-beating ...