Even though it offered last week to negate the massive database purchase contract signed a year ago by California’s state government, Oracle Corp. is still trying to rebut the idea that the deal has ...
Oracle ORCL is gearing up for its next phase of growth, backed by an expanding contract pipeline and a surge in demand for cloud and AI infrastructure. In the first quarter of fiscal 2026, management ...
Oracle CEO Safra Catz confirms a new, mystery cloud contract worth $30 billion Last year's total cloud revenue stood at $24.4 billion, so it's a big increase Oracle says it will spend big on ...
Last week, Oracle surprised Wall Street with a massive $300 billion deal with OpenAI, a five-year deal that helped send Oracle’s stock soaring—and brought simmering fears of an ‘AI bubble’ back to the ...
OpenAI signs $300 billion Oracle contract starting in 2027 to expand AI capacity Oracle shares jump over 40 percent after reporting $317 billion in future revenue Deal raises risks as OpenAI loses ...
The Pentagon recently named Amazon and Microsoft as the finalists for the much-debated $10 billion winner-take-all cloud contract. Last week, Oracle Chief Lobbyist and EVP Keneth Glueck told Bloomberg ...