Oracle (ORCL) stock jumped over 36% Wednesday to a new record close after the software giant said its AI-fueled cloud revenue is set to jump to $144 billion by its 2030 fiscal year. That marks a ...
KUALA LUMPUR: Oracle today announced that it plans to invest more than US$6.5 billion (US$1 = RM4.15) to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial ...
OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has agreed to lease 4.5 gigawatts of computing power from Oracle in a deal worth about $30bn a year that ...
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