Only 11 public companies -- 10 of which trade on U.S. exchanges -- have reached the trillion-dollar valuation plateau. Oracle's high-margin Cloud Infrastructure segment is projected to 14X its sales ...
Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...
During her remarks in a House hearing today, Representative Alexandria Ocasio-Cortez raised a red flag over Trump's plan to use AI to deny healthcare applications. Cortez stated, "I think it's very ...
Blake has over a decade of experience writing for the web, with a focus on mobile phones, where he covered the smartphone boom of the 2010s and the broader tech scene. When he's not in front of a ...
A recent report from PwC explored a diverse range of themes among Indian consumers. From food safety to AI-driven personalised healthcare solutions, the report was based on a survey conducted across ...
Oracle Surges In After-Hours Trading After Popping 36%, Larry Ellison Briefly Becomes Richest Person
Oracle Corp. (NYSE:ORCL) shares are trending on Thursday. Check out the current price of ORCL stock here. The Texas-based company surged 35.95% in the regular trading session on Wednesday and gained ...
At 10:00 am, OFSS was trading up 7.2 per cent on the NSE, rebounding sharply from recent lows, as investor sentiment turned positive following Oracle Corp’s upbeat earnings guidance. On Tuesday, ...
The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...
OpenAI signed a contract with Oracle ORCL-1.71%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Oracle shares surged about 43 percent to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of ...
Microsoft has signed a five year deal to use GPU services from neocloud Nebius Group. The contract is worth $17.4 billion over the half decade, although further services and capacity could bring the ...
Here's an eye-popping new price tag for generative AI's booming demand for energy and computing power for data centers: $300 billion. That's how much ChatGPT maker OpenAI has reportedly committed to ...
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