Shares of enterprise software giant Oracle (NYSE:ORCL) fell 4.9% in the afternoon session after the company was initiated with a 'Sell' rating by Rothschild Redburn and announced plans to raise up to ...

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 ...

(Bloomberg) --Oracle Corp. sold $18 billion US investment-grade bonds on Wednesday, the market’s second-largest deal this year, as the software maker ramps up its spending to meet the needs of the ...

The cuts will likely hit new apps and functionality the hardest, but analysts are divided on how legacy applications will fare. Oracle’s announced $1.6 billion restructuring plan is barely underway, ...

Oracle is set to transform into a top-tier cloud infrastructure player after securing a $300 billion, five-year deal with OpenAI. The "Stargate" project will see ORCL deliver massive AI data center ...

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.

Clay Magouyrk and Mike Sicilia say they’ll lead Oracle ‘into the AI era.’ Clay Magouyrk and Mike Sicilia say they’ll lead Oracle ‘into the AI era.’ is a news writer focused on creative industries, ...

Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...

Oracle has seen its revenue take off in recent times thanks to demand for AI capacity. The company already hosts TikTok’s U.S. data -- a new agreement could represent additional revenue opportunities.

In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...

OpenAI signed a contract with Oracle ORCL5.14%increase; green up pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...