Wall Street is punishing Oracle after quarterly results but some suggest investors are missing key details on future growth tied to AI and cloud demand.
Oracle announced a new partnership with AI startup Cohere that will utilize Cohere's large language models and Oracle's cloud infrastructure to help clients make generative AI tools.
With a 42% stake in Oracle and the company’ stock rising roughly 54% year-to-date, CTO Larry Ellison has knocked Amazon’s Jeff Bezos out of the third spot for world’s richest person.
Oracle is spending huge sums to undercut Microsoft and Amazon Web Services in cloud computing, while others are preserving cash amidst recession fears.
The Securities and Exchange Commission announced Tuesday that Oracle will pay millions to settle charges related to the Foreign Corrupt Practices Act.
Oracle co-founder Larry Ellison was subpoenaed by Twitter as the company attempts to force Elon Musk to follow through with his $44 billion purchase.
Oracle becomes the latest tech company to announce layoffs in a market where job growth vastly differs by sector.
Oracle underwent initiated massive layoffs earlier this week to their United States customer experience division in order to cut costs.
Oracle expects to complete its $95 per share tender offer for Cerner on June 6 paving the way for the company's largest acquisition ever.
Oracle's Larry Ellison says the deal will help "lower the administrative workload burdening our medical professionals, improve patient privacy and outcomes, and lower overall health care costs."
Amazon Web Services and Microsoft are currently the only cloud service providers capable of meeting the requirements of the Department of Defense's Joint Warfighting Cloud Capability (JWCC) contract. The agency anticipates contract awards will be distributed in the third quarter of fiscal year 2022.
Canadian e-commerce platform Shopify Inc is teaming up with top cloud companies including Microsoft Corp and Oracle Corp to help merchants streamline their business operations.
Fresh inflation data will have investors on pins and needles in the coming week, after stocks ended Friday by notching a fifth day of losses and producer prices surging 8.3% annually — the most on record.
Oracle Corp on Tuesday forecast current-quarter profit below Wall Street estimates, as the business software maker ramps up investments in its cloud computing business to take on rivals including Microsoft and Amazon.com.
Oracle's potential new 60-acre office hub would be central to the 120-acre parcel known as River North on the East Bank of Nashville’s riverfront
Oracle co-founder Larry Ellison has purchased a North Palm Beach mansion from hedge-fund manager Gabe Hoffman, the founder of Accipiter Capital Management, for $80 million
The Supreme Court Monday ruled in Google's favor, deciding that the tech giant's use of lines of code that was copyrighted by Oracle was permitted as "fair use."
Oracle's shares fell 6.5% to $67.44 in extended trading on Wednesday
An artificial intelligence commission led by former Google CEO Eric Schmidt is urging the U.S. to boost its AI skills to counter China, including by pursuing “AI-enabled” weapons – something that Google itself has shied away from on ethical grounds.