OpenAI is in talks for an investment round to raise nearly $40 billion that would value the AI startup at up to $340 billion, the Wall Street Journal reported on Thursday.
Goldman Sachs is forecasting IaaS revenue to grow to $580 billion in 2030. This opportunity has already supercharged Oracle's cloud infrastructure business. Its IaaS revenue in the second quarter of fiscal 2025 (which ended on Nov. 30, 2024) increased 52% year over year to $2.4 billion.
A group of American investors, including YouTube star MrBeast and Roblox CEO David Baszucki, has secured over $20 billion for a potential TikTok takeover, but ByteDance has yet to respond to their bid.
Financial writer analyzes ORCL's performance in the generative AI boom, warns of inflated valuations, and recommends taking profits.
President Donald Trump has denied holding talks with Oracle (ORCL) about a TikTok deal, saying that he has “spoken to many people about
U.S. President Donald Trump said he is in talks with multiple people over buying TikTok and will likely have a decision on the app’s future within
Google's DeepMind leads the market with Gemini, TPU chips, and cloud growth, making its valuations compelling compared to its peers. Click for our GOOG update.
Oracle looks like a big winner from the new Stargate Project. The tech giant began working more closely with OpenAI last summer. Oracle is outgrowing leaders like Amazon in cloud-infrastructure revenue.
Oracle Corp. today is expanding the scope of role-based generative artificial intelligence features in its Fusion Cloud Supply Chain and Manufacturing platform, aiming at automating routine tasks for supply chain professionals.
As DeepSeek continues to capture AI whimsy and attention, what it means for investors and the markets is key. Snowflake's CEO Sridhar Ramaswamy shared a few tidbits on the Opening Bid podcast.
Oracle and Google expand service availability and add cross-region replication for disaster recovery - SiliconANGLE
In a report released on January 29, Brad Erickson from RBC Capital maintained a Buy rating on Alphabet Class A (GOOGL – Research Report), with