Oracle’s FY 2025 revenue from its Cloud Services Business was $24.64 billion. This company is starting to become a linchpin of the AI industry, especially after Larry Ellison went on stage during the ...
Oracle took another hit after word spread that several data centers tied to its massive OpenAI contract will now finish in 2028, not 2027.
The sell-off follows disclosure that Oracle intends to raise an additional US$38 billion in debt to finance further data-centre build-outs and support its AI infrastructure projects. The firm already ...
Oracle Shares Plummet 40 Percent From September Peak Amid AI Bubble Fears Remember when Oracle CEO Larry Ellison briefly became the world's richest person back in Sept..
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...