“Data is the lifeblood of any business, and the cloud is the best way to analyze it so that insights become actionable,” said Magesh Bagavathi, Senior Vice President and Global Chief Technology ...
Oracle brought 400MW of data center capacity online in the last quarter. The company posted strong results for Q3 FY2026 (ending February 2026), with CEO Clay Magouyrk noting that demand for AI ...
Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...
Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
Oracle's Ashburn data center went down, taking TikTok with it US users were experiencing issues posting content on the app This is Oracle's second TikTok blunder since it took partial ownership After ...
Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...
Oracle Corporation (NASDAQ: ORCL) stock rose Tuesday as the company deepened its push into enterprise artificial intelligence and healthcare-focused cloud services, reinforcing investor confidence in ...
Oracle announced on Sunday, February 1, 2026, that it expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. The US-based multinational ...
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
More than a day after TikTok’s issues began, TikTok USDS says the problems are the result of a power outage at a data center and subsequent cascading systems failure. Starting early Sunday morning, ...