ORCL's AI data center push is driving 14% revenue growth and a record backlog, but $50 billion in capex and negative cash ...
Oracle ORCL is striving hard to strengthen its position in the lucrative cloud space. Cloud space was booming even before the pandemic as enterprises were shifting their workloads to the cloud.
It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ The financing arrangement for Oracle’s massive data center plan aimed at ...
Strategic wins in data center expansion and sovereign cloud partnerships are redefining Oracle as the indispensable utility provider powering the AI economy.
Shares of database software and cloud computing company Oracle ($ORCL) are down more than 40% from the peak level seen in ...
The final piece of Oracle’s cloud strategy was unveiled last week with its Roving Edge Infrastructure, a ruggedised device that packs computing, networking and storage capabilities into a single box ...
Oracle inked an agreement Dec. 20 to acquire Cerner for $28.3 billion — the software giant’s biggest deal ever. However, whether the deal is successful may depend on Oracle’s ability to work past ...
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