Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing.
The database leader is poised for a rebound.
Oracle has said it plans to raise between $45-50 billion in debt and equity in 2026 to help fund the expansion of its cloud computing business. As reported by The Information, Oracle will use the ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
AxonDAO Selects Oracle Cloud Infrastructure to Build and Scale Secure GPU Infrastructure for AI and Life Sciences Workloads SHERIDAN, WY, Feb.
FILE PHOTO: FILE PHOTO: The company logo for Oracle Corp. is displayed on a screen on the floor at the NYSE in New York SINGAPORE (Reuters) - Oracle said on Wednesday it would provide Singapore's ...
While the size of the bond deal has not been officially announced, Oracle said that half the US$50bn capital raise would come ...
Oracle's contract comes shortly after Amazon Web Services secured a $581.3m task order and Microsoft a $170m contract, both also part of the Cloud One program. Oracle previously secured a $222.53m ...
Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...
Oracle and WEBEL partner to train 15,000 West Bengal students in AI, Cloud, and Data Science by 2029, offering free ...
Oracle has sold off since its post-earnings surge. The tech giant’s cloud growth depends on a handful of key customers. Oracle is taking on debt and undercutting the competition on pricing. 10 stocks ...
SINGAPORE (Reuters) - Oracle said on Wednesday it would provide Singapore's defense technology arm with "isolated" cloud computing and AI services, in the company's first such deal in Southeast Asia.