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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 overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%.
With its latest earnings — more accurately, its almost unbelievable cloud backlog — Oracle suddenly catapulted itself into ...
Oracle's stock surge is driven by AI hype, but revenue challenges and concentration risks suggest it’s overvalued. Click for ...
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 ...
Oracle co-founder Larry Ellison believes the real breakthrough for AI will come from inference, which has potential in fields ...
AI’s role in healthcare is no longer a question of if but how. In a Sept. 10 keynote at the Oracle Health and Life Sciences Summit in Orlando, Oracle Industries President Mike Sicilia and OpenAI Vice ...
Oracle surged after announcing a record $455B in cloud bookings, driven by a massive AI infrastructure deal with OpenAI.
Sharing data is just the beginning of what artificial intelligence can do for healthcare, said Seema Verma, GM of Oracle ...
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 ...
Shares in SoftBank Group are on course for an all-time closing high in Japan after Oracle, one of its key partners, said it won several multibillion-dollar artificial-intelligence deals. The ...
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 ...