Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...

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 ...

OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...

Oracle has signed what may be the largest-ever cloud contract with OpenAI. How could that shake up the cloud and genAI landscape? A single $300 billion contract has seemingly transformed Oracle from a ...

Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...

OpenAI signed a contract with Oracle ORCL-4.47%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle shares soared to a record high, as the database giant announced a $30bn cloud computing contract worth ...

Larry Ellison says Oracle will build “more cloud infrastructure data centers than all its infrastructure competitors combined." Ellison, Oracle's founder and CTO, made the bold claim on the company's ...

A data breach Oracle initially denied has now been confirmed The company is reportedly now reaching out to affected customers Oracle is facing an alleged lawsuit Oracle has reportedly begun notifying ...

Oracle has finally acknowledged to some customers that attackers have stolen old client credentials after breaching a "legacy environment" last used in 2017, Bloomberg reported. However, while Oracle ...

Despite Oracle denying a breach of its Oracle Cloud federated SSO login servers and the theft of account data for 6 million people, BleepingComputer has confirmed with multiple companies that ...