Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said ...
Enterprise Java platform Azul Systems Inc. today announced the acquisition of Payara Services Ltd., a global enterprise-grade ...
This year, about 45 percent of the revenues at Big Blue will come from software. But IBM wants to push this up to half of ...
A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...
Trading in Oracle credit default swaps (CDS), which has exploded in the last year and are near their most expensive on record ...
Oracle stock (NYSE: ORCL) has dropped approximately 30% in a month, wiping out billions in market capitalization and erasing substantial prior gains. This sharp decline aligns with past patterns, ...
Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue ...
Market analysts are concerned about the AI bubble bursting, but Oracle’s latest earnings call shows it is still expanding ...
The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...
What To Know: Deutsche Bank analyst Brad Zelnick reiterated his Buy rating on Oracle with a $375 price target on Wednesday. According to multiple reports, the analyst noted that if OpenAI‑related ...
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development ...
As enthusiasm for AI matures, markets seem increasingly willing to distinguish between growth stories supported by budget ...
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