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Oracle landed more contracts and guided for massive growth in its upcoming fiscal year. The company understands that its cash burn is unsustainable. Oracle’s balance sheet has gone from bad to worse.

SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...

Oracle established itself as a critical provider of cloud infrastructure services purpose-built for hyperscale workloads. The company's capital expenditures (capex) are accelerating rapidly, ...

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

SailGP's Los Gallos bought by Atletico Madrid investor Quantum Pacific Spain's Los Gallos, who are led by Olympic sailing champions Diego Botin and Florian Trittel, have been sold to investment group ...

“Data is the lifeblood of any business, and the cloud is the best way to analyze it so that insights become actionable,” said Magesh Bagavathi, Senior Vice President and Global Chief Technology ...