Oracle is generating significant revenue by renting out Nvidia GPU-powered servers, but its cloud computing business reports a gross margin far below market expectations. According to Bloomberg and ...

Oracle to raise $15B via bonds, including rare 40-year notes, to fund cloud expansion. Partnerships with OpenAI, Meta drive Oracle’s surge in infrastructure and financing needs. Bond sale proceeds to ...

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 ...

Oracle is in talks with Meta over a $20 billion cloud computing agreement. Catz said they recently signed four multibillion-dollar contracts with three clients. Oracle is providing computing power for ...

With a focus on cost-efficiency, flexibility, and specialized use cases, Oracle has transformed from a legacy software giant to a serious contender in the public cloud space. When Oracle launched its ...

Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...

Wouldn’t it be funny if Larry Ellison, who has become the elder statesman of the datacenter, had the last laugh on the cloud builders and model builders by beating them at their own game? That these ...

The NATO Communications and Information Agency (NCIA) is set to move its on-premises workloads to Oracle Cloud Infrastructure (OCI). The NCIA, which is the alliance’s technology and cybersecurity hub, ...

In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...