Oracle to oversee TikTok algorithm in Trump-backed deal
Lawmakers in US Congress would need to sign off the final deal Oracle will assume oversight of a…
Oracle names co-CEOs as it bets business on cloud computing
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s…
Oracle, OpenAI Strike $300B Cloud Agreement for AI Infrastructure
Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest…
Why OpenAI’s $300 billion deal with Oracle has set the ‘AI bubble’ alarm bells ringing
Last week, Oracle surprised Wall Street with a massive $300 billion deal with OpenAI, a five-year deal that…
Stock bulls everywhere beware: the US market rally narrative is loaded with risks
Bullish sentiment towards stocks is rampant in the US, as one Wall Street strategist after another raises their…
Why the Oracle-OpenAI deal caught Wall Street by surprise
This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a…
Oracle founder Larry Ellison briefly passes Elon Musk to become the world’s richest man—and he has Nvidia CEO Jensen Huang to thank for that
Good morning. It’s Jeremy here, filling in for Andrew, who is now on paternity leave for a bit.…
OpenAI and Oracle reportedly ink historic cloud computing deal
Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with…
Technology that Oracle founder Larry Ellison called “complete gibberish” is what has made him the second richest man on Earth, beating Jeff Bezos and Mark Zuckerberg
Oracle founder Larry Ellison, who once mocked cloud computing as “complete gibberish,” is now the second-richest person on…
AI is gutting office jobs—now bartenders and baristas are seeing bigger wage growth than desk workers
For the Gen Zers fortunate enough to start in today’s white-collar job market, don’t anticipate any raises. Since…
AI anxiety has sent markets into a tizzy, but experts say the jitters will only ‘punish those chasing the froth’
Major technology stocks tied to artificial intelligence took a sharp downward turn Tuesday, rattling markets and raising concerns…
OpenAI agreed to pay Oracle $30B a year for data center services
OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services,…