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Oracle shares rose about 40% on Wednesday after the company pointed to a demand surge for its cloud services from AI firms, ...
Oracle co-founder Larry Ellison believes the real breakthrough for AI will come from inference, which has potential in fields ...
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs ...
Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion ...
Ellison, 81, whose net worth is largely derived from his 41% stake in Oracle, saw his fortune rise by about $100 billion to ...
Oracle is soaring as investors cheer its aggressive data-center forecast as a positive sign for AI demand.
Oracle has landed a $300 billion OpenAI deal, among the largest in cloud history. The agreement, reported by The Wall Street ...
The Austin-based software giant expects a major boost to its cloud infrastructure business into 2030 as a result of the AI ...