Oracle Corp. dropped a bombshell today with the news that it has put aside its longstanding differences with Amazon Web Services Inc., forming a “strategic partnership” with its former enemy to bring ...
IT buyers like the operational flexibility that the public cloud provides. Capital expenditures go away. OpEx becomes predictable. Resources are available on-demand, with near-endless scalability.
‘Record-level AI demand’ helped Oracle Cloud Infrastructure revenue grow 52 percent, says Oracle CEO Safra Catz. Oracle CEO Safra Catz expects the database product giant to hit $25 billion in cloud ...
Oracle is set to transform into a top-tier cloud infrastructure player after securing a $300 billion, five-year deal with OpenAI. The "Stargate" project will see ORCL deliver massive AI data center ...
Generative AI was the watchword at CloudWorld 2023, as Oracle rolled out a new API-led AI service and updates to Database 23c, MySQL HeatWave, Fusion Cloud applications, and other products. In line ...
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...
Oracle’s share price dropped by the largest amount earlier this week since 2002, dropping 12% which compares against the 15% drop the stock experienced as the entire tech sector exploded in the ...
‘Oracle is not the same Oracle it was five to 10 years ago,’ Magouryk tells CRN. ‘It has become very much a cloud-first company.’ When Clay Magouyrk crossed Seattle six years ago to join the effort of ...
Oracle Health is advancing its presence in the EHR market with the development of a new AI-powered EHR platform. Announced in October, the new EHR incorporates advanced cloud and AI capabilities and ...
Oracle's core competitive advantage in the on-premises relational database market is eroding due to cloud migration and rising unstructured data. New cloud-based database service providers offer ...
Oracle differentiates from its competition by offering customers a unique and flexible cloud infrastructure service. Per recent filings, the company just signed a new cloud deal for $30 billion in ...
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