Oracle last month was reported to discuss with Meta for a multi-year cloud computing deal worth about $20 billion. Under the ...
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 has appointed Clay Magouyrk and Mike Sicilia as co-CEOs, signaling a major shift towards its burgeoning cloud computing business. This strategic move comes as Safra Catz transitions to ...
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.
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 ...
Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.
Rumor mill: The potential accord with Meta highlights how intensely companies are competing to lock in the resources needed for AI development. As workloads for advanced models increase in complexity ...
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, ...
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