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CIO Dive5h

Oracle trumpets $6M private data center amid AI spending blitz

The company added $10 billion to its capital investment plans for the fiscal year, reaching $35 billion, CEO Safra Catz said ...

OpenAI plans to pay Oracle $300B for data center capacity: report

On the same day Oracle (ORCL) shares spiked more than 30% following its latest earnings report, the cloud computing company ...

Oracle soars on AI cloud growth as customers race to secure computing capacity

Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...
Devdiscourse5h

Record Highs as Oracle Leads Cloud Surge: A Market Overview

The S&P 500 and Nasdaq reached record highs, driven by a surge in Oracle shares and favorable inflation data, which bolstered ...

Oracle surges on AI cloud growth as customers race to secure computing capacity

Oracle shares soared about 35% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...

Oracle shares see a massive surge in after-hours trading on optimism over new cloud contracts

A strong cloud infrastructure outlook has sent Oracle shares into a sharp rally, as the company's future contract revenue balloons to $455 billion.