OpenAI’s data center pivot underscores Wall Street spending concerns ahead of IPO
Sam Altman, chief executive officer of OpenAI Inc., speaks during BlackRock's 2026 Infrastructure Summit in Washington, DC, US, on Wednesday, ...
Tag: Larry Ellison
Oracle earnings will show whether its expensive AI bet is starting to pay off
Oracle reports third-quarter earnings on Tuesday, and it will be an unofficial test for the artificial intelligence trade. Following the ...
Oracle announces departure of two oldest directors, narrowing board to 12
George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in ...
Paramount guarantees Larry Ellison backing in amended WBD bid
US film producer David Ellison arrives for Paramount's "Transformers: Rise Of The Beasts" premiere in New York City on June ...
Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI buildout
Oracle CEO Clay Magouyrk speaks at a Q&A session following a tour of the OpenAI data center in Abilene, Texas, ...
CNBC Daily Open: Oracle’s debt seems to be affecting data center funding
A view of Oracle headquarters on September 11, 2023 in Redwood Shores, California. Justin Sullivan | Getty Images The apprehension investors ...
Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected ...
Oracle Cloud to deploy 50,000 AMD AI chips, signaling new Nvidia competition
Oracle Cloud Infrastructure on Tuesday announced it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half ...
Trump approves TikTok deal through executive order, Vance says business valued at $14 billion
Muhammed Selim Korkutata | Anadolu | Getty ImagesPresident Donald Trump on Thursday signed an executive order approving a proposal that ...
Oracle stock gains 36% to post best day since 1992, adding $244 billion in value
Oracle stock roared 35.95% higher on Wednesday after reporting gobsmacking cloud demand numbers, setting the company to a historic gain.The ...
