(Corrects paragraph 7 to reflect that Oracle was sued in January, not earlier this month) Feb 1 (Reuters) - Oracle expects to ...
Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet on AI and cloud computing.
Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...
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Why Oracle Stock Slumped on Thursday
The cloud and database specialist got caught up in a broad AI sell-off.
In recent weeks, Oracle has come under pressure after bondholders filed a proposed class-action lawsuit alleging the company did not fully disclose the scale of additional debt it would seek to fund ...
Oracle's Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in ...
Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
TikTok's Chinese owner, ByteDance, has effectively transferred ownership of a portion of TikTok's US operations to a majority-American consortium of investors. ByteDance has transferred part of TikTok ...
TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...
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