The company also updated its revenue forecast for its AI cloud server-rental business, Oracle Cloud Infrastructure.
Internal financial documents suggest that Oracle's GPU deals with the likes of OpenAI and other customers saw an average ...
The software maker is hosting a four-day AI World conference starting Monday in Las Vegas, where much of the focus will be on ...
Oracle on Thursday sought to reassure investors that its business of renting out servers packed with Nvidia chips to OpenAI, ...
Oracle's (ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year ...
Oracle’s decision to eliminate more than 150 positions from its cloud division reveals the complex balancing act facing technology companies as they navigate explosive artificial intelligence growth ...
In past decades, Oracle was a market leader in databases and enterprise software. Though competitive threats dramatically slowed Oracle's revenue increases, the company managed to deliver steady gains ...
There are absolutely investors who are concerned about margins, or concerned Oracle's targets are very aggressive ...
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