Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
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. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...
Market Domination Overtime host Josh Lipton previews the biggest events anticipated in the week ahead, including the latest earnings results from companies like Oracle (ORCL), Adobe (ADBE), GameStop ...
Blake has over a decade of experience writing for the web, with a focus on mobile phones, where he covered the smartphone boom of the 2010s and the broader tech scene. When he's not in front of a ...
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Oracle intends to invest $35 billion to build out its cloud capacity this year, which is $10 billion more than previously planned, as it races to meet demand for its compute services, CEO Safra Catz ...
Friday’s jobs report makes a Federal Reserve interest-rate cut all but certain this month, but there are a few more data points that could help determine the pace of cuts. Here's what to watch this ...
Oracle has crushed it and is up about 26% in after hours. They are guiding that they will make huge profits from AI data centers. They have also somewhat quietly tripled their value over the last few ...
On the same day Oracle (NYSE:ORCL) shares spiked more than 30% following its latest earnings report, the cloud computing company also inked a massive $300B deal with OpenAI to provide data center ...
For those looking for proof that gen AI is actually having a significant impact on traditional software vendors, they need look no further than Oracle's explosive Q1 results. The database stalwart, ...
JPMorgan Chase and Mitsubishi UFJ Financial Group are allegedly planning to finance Oracle-tied data centers with approximately $38 billion. The debt package will fund Oracle data centers in Wisconsin ...