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Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.

Oracle has evolved from a stodgy legacy software company to a cloud-first service provider. The company is winning massive multiyear cloud contracts with leading hyperscalers. Oracle is taking on debt ...

(Reuters) -Oracle will offer cloud services using Advanced Micro Devices' upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to tap the booming demand for ...

The partnership gives Oracle a significant boost in diversifying its AI compute offerings. This marks an important step for AMD as it seeks to compete more directly with Nvidia. AMD shares up 3% after ...

Oracle is benefiting from its leveraged spending. The spending is paying off, as Oracle is winning major contracts. Oracle believes its growth is just getting started. Here are three reasons why ...

OpenAI has struck a landmark deal with Oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of AI and the growing financial risks around it. People ...

Oracle (NYSE: ORCL) just delivered something extraordinary -- a quarterly earnings miss that sent its stock soaring 30% in after-hours trading. The company reported non-GAAP earnings per share of ...

Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...

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SAN FRANCISCO (Reuters) -Oracle and Alphabet said on Thursday their cloud computing units have struck a deal to offer Google's Gemini artificial intelligence models through Oracle's cloud computing ...

A decade and a half of enterprise cloud adoption has spread vast amounts of data and processing around the globe, and the onslaught of generative AI – and now agentic AI – is only accelerating it.