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 ...
On Monday, September 22, Oracle's stock surged over 6% following a significant leadership change. The company announced that CEO Safra Catz will transition to Executive Vice Chair, and the CEO role ...
Rumor mill: The potential accord with Meta highlights how intensely companies are competing to lock in the resources needed for AI development. As workloads for advanced models increase in complexity ...
The new portal is built using foundation models from OpenAI, the maker of popular AI chatbot ChatGPT, Oracle said in a press release. The tool could be used to describe medical jargon, like explaining ...
Oracle is shaking up its executive suite as it sets its sights on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.
Oracle is reportedly looking to raise funds just weeks after the company inked a historic AI infrastructure deal with OpenAI. Cloud infrastructure giant Oracle is looking to raise $15 billion through ...
Oracle (ORCL) was once considered a legacy company, sliding out of relevancy as other, more cutting-edge companies took over. However, that bearish argument has been turned on its head after CEO Larry ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
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 ...
Nvidia has become the dominant company in the AI chip market. Oracle sees its cloud infrastructure business soaring thanks to AI customers. All of this has helped Nvidia's earnings to roar higher, ...
OpenAI is planning to build five new data centers in the United States as part of the Stargate initiative, the company announced on Tuesday. The sites, which are being developed in partnership with ...
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