Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...

The bearish perspective that Oracle is a legacy company losing the cloud battle is directly countered by the 84% increase in ...

Oracle on Tuesday predicted that the AI data ​center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.

March 11 (Reuters) - Oracle's stake in TikTok's U.S. business operations is worth around $2 billion, a filing showed on Wednesday, more than a month after its Chinese parent ByteDance finalized a deal ...

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

OpenAI and Oracle pause Abilene data center expansion as Meta eyes leasing the added 0.8GW in the Stargate Project.

The shifting plans underscore the complexity of building out AI data centers, which are expected to cost tens of billions.

OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence ...

Finance and data center executives have been buzzing about a Friday Bloomberg report that Oracle and OpenAI won’t expand a data center for the ChatGPT maker in Abilene, Texas, where the companies ...

Oracle Corp. and OpenAI have scrapped plans to expand their flagship Stargate artificial intelligence data center in Texas, ending what had been one of the most ambitious infrastructure partnerships ...

Additional data-center capacity needed by OpenAI will be fulfilled by other Oracle data centers, a source told Barron’s.