Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. Oracle shares have risen 50% in 2024 after its boffo 2025 fiscal Q1 ...
Oracle announced that AI innovators across the world are using Oracle Cloud Infrastructure (OCI) AI infrastructure and OCI Supercluster to train AI models and deploy AI inference and applications.
Safra Catz, CEO, stated, "Clearly, we had an amazing start to the year because Oracle has become the go-to place for AI workloads. We have signed significant cloud contracts with the who's who of AI, ...
With offices in New York, Stockholm, and San Francisco, Modal is redefining how developers build and scale AI-based applications, providing a serverless platform that eliminates the need to manage ...
Oracle is preparing broad job cuts as it tries to contain the cost of a major AI data center push. The company is also launching new AI software, which shows a ...
Larry Ellison, now Oracle's CTO, has played a major role in helping the company win AI cloud deals and pivot beyond legacy software Oracle projects that its Oracle Cloud Infrastructure business will ...
‘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 ...
AUSTIN, Texas, Feb. 6, 2025 /PRNewswire/ -- Oracle has been named a Leader in the IDC MarketScape: Worldwide Public Cloud Infrastructure as a Service 2025 Vendor Assessment (doc #US51813824, January ...
Earlier this week, Oracle Corp. disclosed in a regulatory filing that it signed a cloud-services agreement that it expects will add more than $30 billion in revenue annually starting in fiscal year ...