Several global giants listed as victims of the Oracle EBS hack have remained mum on the impact of the cybersecurity incident.
Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...
The bearish perspective that Oracle is a legacy company losing the cloud battle is directly countered by the 84% increase in Cloud Infrastructure (IaaS) revenue.
Oracle reported stronger-than-expected third-quarter revenue on Tuesday, signaling continued demand for its enterprise software and cloud services. At the same time, the tech giant outlined ambitious ...
Oracle on Tuesday predicted that the AI data ​center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.
Optimism grows: Oracle’s logo on a screen on the floor of the New York Stock Exchange. The tech firm’s fundraising blitz reassures investors on AI spending plans, driving a rally and lifting broader ...
Oracle has unveiled a plan to raise up to $50 billion in 2026 as the software giant races to build the physical infrastructure required to power the global artificial intelligence boom. The company, ...
The artificial intelligence corner of the tech industry is feeling anxious this week due to ongoing rumors that a possible deal worth $100 billion between NVIDIA and OpenAI may be in trouble. There’s ...
ORACLE expects to raise US$45 billion to US$50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday. The company, chaired by billionaire Larry ...
Oracle plans to raise around half of the funding through a combination of equity-linked and common equity issuances, including mandatory convertible preferred securities and a new at-the-market equity ...