While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...

The cloud-computing company posted a profit of $3.72 billion and raised its fiscal 2027 revenue outlook to $90 billion as AI demand continues to outpace supply.

Oracle Corporation is considering cutting up to 30,000 jobs to fund its AI infrastructure expansion, according to a report by ...

Oracle shares jumped 9.2%, snapping a three-day losing streak, after the company reported strong demand for cloud computing ...

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

A Cerebras deal from one of the world's top cloud providers could be a big boon for a company that's trying to hit the public ...

Oracle beats earnings and raises guidance as AI cloud demand grows, with analysts pointing to strong long-term growth ...

Oracle has added Cerebras AI chips to its cloud infrastructure, alongside Nvidia and AMD hardware. Oracle, CEO Clay Magouyrk, ...

Oracle on Tuesday said its revenue in the recently ended quarter soared more than expected as demand for services boosted by artificial intelligence outpaced supply.

Oracle projected revenue above estimates through 2027 on strong AI data center demand, sending shares higher in extended trading.

Oracle launched $50 billion financing plan to fund AI data centre expansion. Oracle raised $5 billion through a convertible preferred stock offering. The financing deal was oversubscribed, signalling ...

With a rapidly expanding backlog, strong demand for OCI, and growing traction in multicloud deployments, Oracle appears well-positioned to deliver strong growth in Q3.