Oracle

'It is scary. I don't know what the future holds, but what I know is that I can always get a job in another five years, but what I can't get back is this moment, the energy, the youth, and the fire in me to explore the world,' former Oracle developer and content creator Vanathi S said.

Oracle slides by most since January on mounting AI spending

Oracle’s stock had already lost about a third of its value through Wednesday’s close since a record high on Sept. 10. Meanwhile, a measure of Oracle’s credit risk reached a fresh 16-year high.

Oracle slump sends Larry Ellison sliding down ranks of world’s richest

Oracle’s swoon has vaulted Alphabet Inc. co-founder Larry Page past Ellison and into the number two spot on the Bloomberg Billionaires Index for the first time.

Bengaluru Oracle techie quits job to sell falooda, builds 18 outlets in 6 years: 'Everyone thought...’

'I had the perfect 9-5, good salary, beautiful family. Society said: You’re settled. But something inside me wasn’t,' Pradeep Kannan said. His decision, which many called reckless at the time, has since paid off.

Inside Oracle’s push to end single-vendor GPU dependence

As demand for foundation model training continues to accelerate, cloud providers have been forced to rethink how they secure compute and how much control they cede to the vendor that dominates it.

Why $800-billion Oracle wants to build AI-powered ambulances?

The Texas-headquartered tech giant is building AI-powered ambulances as part of its broader push to create a fully connected healthcare ecosystem

Oracle to deploy 50,000 AMD GPUs by 2026 as competition heats up with Nvidia

The announcement comes at a time when most hyperscalers, including Amazon, Microsoft, and Google, rely heavily on Nvidia hardware and software stacks for AI workloads. Over 90 percent of the world's heavy-duty GPUs are provided by Nvidia.

The trillion-dollar merry-go-round: Inside AI's circular economy

For now, the merry-go-round keeps spinning, faster and more expensive. Whether it leads to success or failure will be the trillion-dollar question of the decade

OpenAI’s computing deals top $1tn

Partners including Nvidia, AMD and Oracle have signed up to Sam Altman’s huge bet on the future of artificial intelligence

Hackers extort executives after claiming Oracle apps breach

A group of hackers claimed to have breached Oracle’s E-Business Suite, which runs core operations including financial, supply chain and customer relationship management

Oracle appoints new co-CEOs as AI-fuelled cloud surge reshapes company

The transition comes at a time when Oracle is riding the wave of the artificial intelligence boom. Once seen as a laggard in cloud computing, Oracle has turned itself into one of the hottest names on Wall Street by offering scarce Nvidia GPUs and its Gen2 infrastructure to customers racing to deploy AI.

Oracle appoints insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move

Catz steered Oracle through an industry-wide shift, helping win multi-billion-dollar contracts as companies spend aggressively to secure computing capacity for AI tech.

TikTok buyers to include Oracle, Silver Lake and Andreessen

Under the deal, ByteDance Ltd.’s stake in TikTok would be reduced to below 20% to satisfy a US national security law passed in 2024

Oracle among firms to enable TikTok to continue US operations: Report

US and Chinese officials said earlier on Monday that they have reached a framework agreement to switch TikTok to U.S.-controlled ownership

Oracle's blockbuster surge shows AI trade's growing influence on market

Gains this year for Oracle, Broadcom, Palantir and other tech companies illustrate how AI has dominated markets, despite occasional pullbacks related to concerns about the rally becoming overheated.

US tech stocks are doing so well investors are starting to worry

A gauge of expected volatility in the index hasn’t budged in months. And on Wednesday, infrastructure software giant Oracle Inc. made history with a 36% pop, its biggest gain since 1992.

Oracle's cloud revenue forecast stuns Wall Street, how does it measure against peers?

Oracle shares soared 36 percent, their biggest jump since 1992, after upbeat cloud guidance lead analysts to revise their outlook on the firm.

Ellison tops Musk as world’s richest man after $101 billion gain

The increase lifted Larry Ellison's total fortune to $393 billion, ahead of Musk who sits at $385 billion

Who is Larry Ellison, the man who ended Elon Musk's 300-day reign as world's richest

The jump in fortune is mainly attributable to Ellison’s 41 percent stake in software company Oracle.

Oracle surges on AI cloud growth as customers race to secure computing capacity

The stock was up 34.7%, hitting a record high of $325.90 in early trading, set for its biggest one-day jump since 1992

Oracle begins India job cuts, targeting cloud and financial services teams

These cuts have so far happened across Oracle Cloud Infrastructure (OCI) and Oracle Financial Services Software (OFSS) divisions, impacting hundreds of employees.

“It was all over in less than 20 minutes…” Oracle employee reveals how he was laid off on Zoom call

The layoffs are mainly happening in Oracle’s cloud unit, which includes engineering, data center operations, and AI teams, both in India and the US.

AI accounts for 30% of Oracle India's H1FY25 deal wins

The India business, overall, grew 51 percent in the second quarter ended September 30, and 17 percent in H1FY25.

Oracle, Microsoft may be part of the deal to acquire TikTok

The Donald Trump administration is negotiating a deal with TikTok's China-based owner ByteDance. Both Oracle and Microsoft could be a part of the deal.

Oracle takes run at cloud’s big three with Trump-backed AI pact

Oracle shares have performed like some of the tech giants that have driven the market’s gains for the past two years