Oracle has recently announced the launch of its OCI Zettascale10 AI supercomputer, claiming it to be the world’s largest in the cloud. This system, boasting a peak performance of 16 zettaFLOPS and ...

For the most recent quarter, Oracle reported cloud revenue jumped 28% to $7.2 billion. CEO Clay Magouyrk said new bookings were coming in from a range of customers, not just OpenAI. "I know some ...

Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75 per cent of its total sales by then. Chief Executive Officer Clay ...

Oracle CEO Clay Magouyrk announced $65 billion in new cloud infrastructure commitments secured within 30 days during the current quarter across seven contracts from four customers Meta confirmed as ...

Oracle Corp. shares fell almost 7 per cent on Tuesday following a report that the profit margin in its cloud computing segment is lower than what many on Wall Street had estimated. During the three ...

EPAM Systems Inc. (NYSE:EPAM) announced on Tuesday that it has deepened its partnership with Oracle Corporation (NYSE:ORCL) to help companies in sectors such as healthcare, life sciences, financial ...

Oracle ORCL has positioned itself at the forefront of enterprise artificial intelligence (AI) with its ambitious rollout of AI agents across cloud applications. Following impressive first-quarter ...

Oracle ORCL is making a bold bet on cloud expansion as the foundation of its long-term growth path. In the first quarter of fiscal 2026, Oracle Cloud Infrastructure (OCI) revenues climbed 55% year ...

Rumor mill: The potential accord with Meta highlights how intensely companies are competing to lock in the resources needed for AI development. As workloads for advanced models increase in complexity ...