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Oracle's overall revenue increased 12% to $14.93 billion, which missed the $15.04 billion analyst consensus by less than 1%.
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.
The conventional wisdom was that by buying Sun, Oracle was getting into the server business. In actuality, the Sun ...
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 ...
When Seema Verma, executive vice president and general manager of Oracle Health and Life Sciences took the stage to kick off the Oracle Health and Life Sciences Summit, she set the tone for the days ...
Oracle's Chief Technology Officer Larry Ellison becomes the world's richest person with $393B after a record $101B daily gain ...
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