Oracle will deploy 50,000 AMD AI chips and launch a new open lakehouse platform, signaling a major push to rival NVIDIA in ...

On Monday, September 22, Oracle's stock surged over 6% following a significant leadership change. The company announced that CEO Safra Catz will transition to Executive Vice Chair, and the CEO role ...

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.

Rothschild & Redburn analyst Alex Haissl initiated Oracle stock with a sell rating this morning. Haissl's $175 price target implies Oracle stock will fall 40% over the next 12 months. Oracle could ...

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, ...

Investing.com -- OpenAI, Oracle Corporation (NYSE:ORCL), and SoftBank Group Corp. (TYO:9984) announced five new artificial intelligence data center projects under the Stargate initiative Tuesday, a ...

Bill McColl has 25+ years of experience as a senior producer and writer for TV, radio, and digital media leading teams of anchors, reporters, and editors in creating news broadcasts, covering some of ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle’s Safra Catz is stepping down as chief executive, with the US software group splitting the role between ...

A senior U.S. official said the deal creates a joint venture with American investors holding the majority stake and board seats. Oracle and Silver Lake will lead the venture, while TikTok's parent, ...

OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring ...

A high-powered group of majority American-based investors may be set to take ownership of TikTok's U.S. operations after a convoluted yearslong bid to keep the social media app available in the United ...

(Reuters) -A group of three investors, including Oracle and private-equity firm Silver Lake, will take a roughly 50% stake in TikTok U.S., a source familiar with the deal said on Thursday. A group of ...