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 ...

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 ...

Every time Katherine publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...

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 ...

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 ...

Details are emerging on the structure of the TikTok U.S. sales to Oracle and its partners. Oracle may not gain ownership of the TikTok algorithm, but only a license to use it. It's been about a week ...

Stargate, a massive $500B joint venture between Microsoft-backed (NASDAQ:MSFT) OpenAI, Oracle (NYSE:ORCL) and SoftBank Group (OTCPK:SFTBY)(OTCPK:SFTBF), revealed the inner workings of its first ...

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 ...

OpenAI signed a contract with Oracle ORCL-0.25%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

Oracle has long been a major supplier of both relational database systems and enterprise software. The company’s relational database boasts a premium market positioning that offers industry-leading ...

The optimism was echoed by analysts. Piper Sandler’s Brent Bracelin maintained an Overweight rating and raised the price forecast from $270 to $330, highlighting Oracle’s transformation from a ...