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, ...

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.

Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...

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 ...

American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...

Oracle (ORCL) stock edged up 1.5% on Tuesday after media outlets reported the software giant would be part of the US and China's preliminary TikTok deal. Treasury Secretary Scott Bessent said at a ...

The Wall Street Journal reported that an investor consortium including Oracle ORCL, Silver Lake, and Andreessen Horowitz is finalizing a deal to hold a roughly 80% stake in the new entity that ...

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 ...

WASHINGTON, Sept 17 (Reuters) - U.S. credit rating agency Moody's Ratings flagged several potential risks in Oracle Corp's (ORCL.N), opens new tab $300 billion of recently signed artificial ...

On Monday, during its earnings announcement, Oracle (NYSE:ORCL) delivered a striking revelation that surprised even the most optimistic analysts. The company’s remaining performance obligations (RPO) ...