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Oracle’s stock price upshoot, prompted by news of its cloud computing deals with AI stars Nvidia and OpenAI, has left many scratching their heads over the business that Larry Ellison built. Valuing a ...
Oracle's stock just surged 30% overnight as Wall Street realizes this isn't your father's database company anymore.
Oracle then reached an agreement in January to partner with OpenAI and SoftBank on the $500bn Stargate data centre project. It agreed to kit out and operate a 2 gigawatt site in Abilene, Texas, that ...
Oracle is rated a strong buy with a $530 price target, driven by rapid growth in cloud and AI-related remaining performance ...
Oracle's strong demand for AI data center infrastructure reflects the company's commitment to providing robust solutions. By investing in advanced hardware and cloud capabilities, Oracle is ...
Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%. Cloud revenue jumped 28% to $7.2 billion. Within the cloud segment, cloud ...
Oracle’s stock hit a record high in August, and with today’s after-hours gains it’s very close to beating that. In the year ...
Oracle Corp (ORCL) reports robust cloud revenue growth and strategic advancements in AI, despite challenges in software ...
The OpenAI deal with Oracle announced in June gave a headline value of more than $30bn a year and a start date of 2027, but didn’t disclose a contract length. The Wall Street Journal reported on ...
Larry Ellison surged closer to surpassing Elon Musk as the worlds richest person after cafter-hours shares jumped over 26%, ...
Oracle co-founder Larry Ellison believes the real breakthrough for AI will come from inference, which has potential in fields ...
Sharing data is just the beginning of what artificial intelligence can do for healthcare, said Seema Verma, GM of Oracle ...