This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud ...

Oracle secured an $88 million U.S. Air Force cloud contract, reinforcing its role as a cloud and AI provider to U.S. government agencies. The company is raising billions in debt and equity to fund a ...

Quick Read Oracle (ORCL) shares jumped 10% today after dropping 60% from September highs above $345. Oracle plans to raise ...

Oracle Corp ORCL strengthened its position in both defense cloud computing and enterprise AI this week, securing a new ...

Oracle adds 13 embedded AI agents to Fusion Cloud SCM and CX, targeting manufacturing industries with autonomous, role-based automation, data & AI ...

Oracle Corp. ORCL on Monday strengthened its healthcare cloud and AI strategy, announcing the successful migration of five ...

Oracle's plans come at a time when the company’s stock has faced significant volatility, having dropped nearly 50% from its peak in September 2023. This decline represents a staggering loss of ...

Oracle ORCL is striving hard to strengthen its position in the lucrative cloud space. Cloud space was booming even before the pandemic as enterprises were shifting their workloads to the cloud.

The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...