Oracle (ORCL) reported Q3 IaaS revenue of $4.89B, up 84% year over year, with Remaining Performance Obligations surging to $553B (up 325% year over year) driven by large-scale AI contracts. Nebius ...
Oracle proved the artificial-intelligence doubters wrong on Tuesday as the company beat expectations on revenue and earnings, while disclosing that it doesn’t expect it will need to take on more ...
In this video, I will cover the CPI report, Oracle's (NYSE: ORCL) earnings, Nebius' new partnership with Nvidia, Uber's partnership with Zoox, and broader market movements. Watch the short video to ...
Oracle is pivoting toward cloud infrastructure, and that has proved controversial on Wall Street due to the heavy spending it requires. Can the company sway the doubters with its third-quarter results ...
Oracle is preparing to eliminate thousands of positions throughout various departments, with cuts potentially beginning this month. The workforce reduction stems from escalating expenses tied to an ...
This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud infrastructure. The Air Force has added another major cloud service provider ...
Oracle Corp. today unveiled dozens of new prebuilt artificial intelligence agents across its Fusion Cloud Applications suite, spanning marketing, sales, service and supply chain functions. The more ...
A company founded by two inventors sued Oracle Corp., accusing its 4G and 5G wireless products of infringing a trio of patents. The ‘508 and ‘417 patents concern “methods for proactive allocation of ...
Mounting pressure to finance its ambitious artificial intelligence expansion is pushing Oracle toward potentially severe corporate restructuring, according to market analysts. To fund massive ...
Newark, Del.-based ChristianaCare and Oracle Health have been sued over a data breach involving the EHR vendor’s legacy Cerner systems. “We do not comment on pending litigation,” a ChristianaCare ...
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