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If you own Oracle (ORCL) or are thinking about adding to your position, the company’s latest moves in healthcare might have ...
Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
Oracle continues to lean on its expanding backlog, which reached $138 billion, alongside the growth of its Oracle Cloud ...
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble.
Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...
Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data center, the Financial Times reported Friday. The data center, situated in Abilene, Texas, is ...
The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years ...
Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars, boosted by growing demand for its relatively low-cost cloud ...
LONDON (Reuters) -Shares of Oracle rose 31% in Frankfurt on Wednesday, a day after the company said it expects booked revenue ...
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