CNBC's Seema Mody reports on Oracle defending OpenAI's growth targets following a WSJ report that the AI lab is facing challenges. Oracle currently has a $300 billion contract with OpenAI over 5 years ...

Sell ORCL. The thesis is that Oracle’s AI capex is a concentrated, timing-dependent bet on OpenAI, and the WSJ report signals OpenAI growth/revenue is slipping and may strain computing contract ...

Oracle’s ORCL6.47%increase; green up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

Oracle rallied almost 13%, leading a bounce in software stocks as hopes mounted for a peace deal between the U.S. and Iran. Software stocks have sold off this year on AI disruption fears and default ...

In his excellent “The Oracle’s Daughter,” Harrison Hill looks at the people and the questions beyond the headlines. By Carlene Bauer Carlene Bauer’s most recent book is the novel “Girls They Write ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Built into Oracle Fusion Cloud Applications, Fusion Agentic Applications ...

This week Oracle announced the hiring of a new chief financial officer, Hilary Maxson. This wouldn’t be that notable were it not for the dramatic transition happening at Oracle as it adds a rapidly ...

Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...