Still, revenue is climbing fast. OpenAI hit $10 billion in annual recurring revenue in June. CNBC says that number could hit ...

OpenAI has reportedly signed a $300 billion cloud computing contract with Oracle, set to begin in 2027. The deal would be one ...

Ellison, now Oracle's chief technology officer and chairman, has been "a master salesman" for the company, according to Ben Reitzes, head of technology research at Melius Research, and his connections ...

Oracle’s historic stock surge this week underscored the central role OpenAI continues to play in global technology markets.

One of the largest cloud contracts in history has been signed between OpenAI and Oracle. The American artificial intelligence ...

Oracle surge boosts trust in AI. Analysts say DeepSnitch could get a major boost, with SAROS and MNT also ranking among the best cryptos to buy now.

Shares in tech giant Oracle jumped in premarket trading on Wednesday after the company forecast that booked revenue from its ...

At 81, Oracle’s co-founder has reinvented himself as a power in AI to become (briefly) the richest person in the world ...

Microsoft and OpenAI have signed a non-binding agreement to restructure OpenAI into a for-profit company. Details of the ...

Oracle chairman Larry Ellison briefly became the world’s richest as AI deals and stock buybacks fueled a historic $100 ...

It was the type of market shock that can redefine wealth lists before noon. In one day of trading, the market capitalization of Oracle grew by about $244 billion, sending the company’s co-founder ...

Ellison has also got his hands on TikTok. In 2022, Oracle began providing U.S. tech infrastructure to the short video-sharing ...