Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed ...

Oracle has signed up a cloud customer to spend more than $30 billion a year from FY28. The deal, revealed in a regulatory ...

The deal expands OpenAI's 'Stargate' initiative, which aims to enhance computing resources for advanced AI model development.

Oracle shares soared to a record high, as the database giant announced a $30bn cloud computing contract worth nearly triple the annual revenue it generates from its fastest-growing division. The tech ...

One billionaire rode the AI boom back onto Forbes’ ranking of the world’s 10 richest people, replacing one of Europe’s biggest fashion moguls.

The company recently committed $19 billion to Trump’s Stargate Project, a $500 billion AI infrastructure initiative backed by OpenAI CEO Sam Altman and Oracle’s Larry Ellison. SoftBank has ...

The company has secured an agreement with a yet-to-be-named company, which some speculate could be OpenAI or an equivalent.

There’s a new number two richest in the world: Larry Ellison. The cofounder and chairman of software giant Oracle is $56 billion richer than he was at the start of June, thanks to a 32% jump in Oracle ...

Oracle is cutting the cost of its database software and cloud-computing service for the federal government, making it the ...

The project is in line with the multinational investment holding company’s aggressive strategy for investing in AI. This comes after the company pledged a $19 billion investment to the ambitious $500 ...

From Malibu to Lanai, Oracle cofounder Larry Ellison’s nearly $2 billion real estate holdings are as ambitious as his ...