Oracle recognized the AI land grab accelerating in real time: a market rocketing from $80–100 billion today to $350–650 ...
RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
(Reuters) -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 ...
Some software shows are all about the vendor, the technology and/or the evening parties. Oracle’s AI World event certainly had many of the usual conference components but this event differed in that ...
(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 ...
In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Larry Ellison, chairman of Oracle Corporation, center, speaks as President Donald Trump, left, and Masayoshi Son, SoftBank Group CEO, listen in the Roosevelt Room at the White House, Tuesday, Jan. 21, ...
Oracle's stock surged as much as 43% on Wednesday, hitting a record high. Investors responded positively to an aggressive forecast for Oracle's cloud-computing business. The company is showing Wall ...
RedStone, a DeFi oracle network, has acquired Credora, an on-chain credit rating platform backed by Coinbase Ventures, S&P, and Hashkey. The transaction is subject to customary approvals. Operating ...
Oracle CEO Safra Catz worked her magic on Wall Street yesterday, as the company’s share price soared on the back of upgraded $500 billion expectations for its cloud infrastructure business as the AI ...
A recent incident involving Chainlink’s oracle system has rocked the decentralized finance (DeFi) community. On May 29, 2025, over $500,000 in user funds were wiped out on the Avalanche-based Euler ...
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