In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
Amazon.com cloud service returned to normal operations on Monday afternoon, the company said, after an internet outage that ...
Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...
With a focus on cost-efficiency, flexibility, and specialized use cases, Oracle has transformed from a legacy software giant to a serious contender in the public cloud space. When Oracle launched its ...
Slack, Snapchat, Signal and Perplexity were some of the affected apps and websites, among a host of big names. AWS offers ...
Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...
Total Revenue: $14.9 billion, up 11% from last year. Total Cloud Revenue: $7.2 billion, up 27%. Cloud Infrastructure Revenue: $3.3 billion, up 54%. OCI Consumption Revenue: Up 57%. Cloud Database ...
STORY: Shares of Oracle skyrocketed more than 40% Wednesday morning to hit a record high, after the company said it was seeing a surge in demand for its cloud services from AI firms. The huge jump in ...
OpenAI Commits $300B to Oracle in Risky Cloud Pact Your email has been sent Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...
On Monday, during its earnings announcement, Oracle (NYSE:ORCL) delivered a striking revelation that surprised even the most optimistic analysts. The company’s remaining performance obligations (RPO) ...
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