Oracle Corporation delivered blow-out Q1 2026 results, driven by strong Cloud and AI momentum, resulting in a 36% stock surge. Despite being a second-tier Cloud player, Oracle's double-digit growth ...
Massive spending on AI infrastructure to train large language models and process enterprise workloads are the new normal in the cloud business. Spending on data center infrastructure spiked 51% in ...
Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...
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 ...
OpenAI has committed to a $300bn cloud computing contract with Oracle, expected to last nearly five years, according to a report by the Wall Street Journal citing undisclosed sources. This deal ...
AUSTIN, Texas and VANCOUVER, Washington, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Absci, a clinical-stage biotech company advancing novel therapeutics with generative AI, today announced a collaboration ...
OpenAI has reportedly agreed to buy compute power worth $300 billion from Oracle in a five-year-deal that would be one of the biggest cloud computing contracts in history. According to the Wall Street ...
PRINCE GEORGE'S COUNTY, Md. — Dozens showed up in Largo on Wednesday to oppose plans to set up a data center in Landover. If approved, the data center would cover more than 86 acres, carry a $5 ...
Dow futures slipped 0.2%, while S&P 500 futures edged up 0.2% and Nasdaq futures hovered just above flat. Oracle (ORCL) is surging more than 30% premarket on booming AI demand, with GameStop and ...
Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars, boosted by growing demand for its relatively low-cost cloud ...
LONDON :Google said on Wednesday it had scrapped data transfer fees for organisations processing workloads "in parallel" across two or more cloud platforms in the European Union and Britain ahead of ...
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