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Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed ...
The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.
Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...
Oracle shares soared to a record high, as the database giant announced a $30bn cloud computing contract worth nearly triple the annual revenue it generates from its fastest-growing division. The tech ...
SOFTBANK Group Corp founder Masayoshi Son is nothing if not willing to make the kind of bold bets that other investors might ...
The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent. But analysts say the move won’t impact its capacity to serve its other ...
Oracle is cutting the cost of its database software and cloud-computing service for the federal government, making it the ...
The partnership that made so much sense from 2019 to 2023 has now made each company too dependent on the other. Why a divorce looks inevitable.
From Malibu to Lanai, Oracle cofounder Larry Ellison’s nearly $2 billion real estate holdings are as ambitious as his ...
Larry Ellison co-founded Oracle in 1977 and has been a major force in Silicon Valley for decades. He served on Tesla’s board of directors from 2018 to 2022, cementing ties with some of the ...
Rise to Second-Richest Man in The World Larry Ellison reached the second-highest wealth position worldwide in June 2025 after exceeding the net worths of Jeff Bezos and Mark Zuckerberg. The stock ...
Oracle co-founder Larry Ellison saw his personal fortune reach $243 billion on Thursday thanks to an over $26 billion jump, making him the world's second-richest person.