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Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.

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Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...

Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...

Oracle is losing several leaders in its health records division, Bloomberg reported March 2. According to Bloomberg, each executive previously worked in Oracle’s cloud infrastructure division before ...

Oracle Corp. has begun laying the groundwork to start construction on its new headquarters campus in Nashville. The tech giant has been planning its Nashville hub since at least 2021, when the project ...

The exploit saw the Moonwell protocol exploited for $1.78 million after cbETH was mispriced at $1.12 instead of about $2,200, intensifying debate around AI-co-authored smart contracts. Moonwell, a ...

Oracle has seen its stock price decline since announcing its massive $300 billion deal with OpenAI. It has a huge backlog of contracted revenue for its cloud infrastructure but still needs to build ...

RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...