Dec 11 : Oracle shares slumped nearly 11 per cent in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than ...

Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...

Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...

Oracle bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund its AI ...

Oracle's data centers are specifically geared for high-performance computing. The company is spending heavily to stay competitive in the AI infrastructure race, but so are most of its peers. Its ...

(Reuters) -Oracle will offer cloud services using Advanced Micro Devices' upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to tap the booming demand for ...

In this photo illustration, the Oracle logo appears on a smartphone reflecting a bright pink background. A consortium led by Oracle, Silver Lake, and Andreessen Horowitz plans to acquire 80% of TikTok ...

(Reuters) -Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person ...

Palantir stock is taking a break from its relentless run, with some investors wondering if artificial intelligence (AI) adoption is slowing. Oracle just delivered a shocking forecast, backed by ...

(JTA) — The world’s richest Jew, Oracle Corp. chief technology officer Larry Ellison, briefly surpassed Tesla CEO Elon Musk Wednesday as the richest man in the world. Ellison’s elevation following a ...