Oracle will deploy 50,000 AMD AI chips and launch a new open lakehouse platform, signaling a major push to rival NVIDIA in the enterprise AI cloud race.

(Reuters) -Oracle will offer cloud services using Advanced Micro Devices' upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to tap the booming demand for ...

The UK's Home Office has signed a new deal with Oracle for around £54 million ($72 million) in cloud infrastructure and platform services as it gears up as the centerpiece of a government shared ...

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’s data centers are purpose-built for artificial intelligence (AI). The tech giant is winning high-value contracts across the AI landscape. Oracle is working with AWS, Microsoft Azure, 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 ...