Oracle Agrees That AI Is Challenging the SaaS Model. Here's Why Oracle Thinks It's the Disruptor, Not the Disrupted.

Oracle has transitioned from a software licensing business to a high-margin, subscription-based database and database management software company, to now a major player in cloud computing, with OCI ...

The $110 Billion Catalyst That Makes It More Likely Oracle Will Hit Its 700% Cloud Infrastructure Revenue Growth Guidance by 2030

Oracle has guided for tremendous revenue growth in its cloud infrastructure business over its next four fiscal years.

Oracle’s Quarterly Results And What They Indicate About Enterprise AI Spending

Oracle reported third-quarter revenue of approximately $17.2 billion in early March, a 22% increase year-over-year. The company's remaining performance obligations — contracted future revenue not yet ...
Finance & Commerce

OpenAI, Oracle named as users of $15B Wisconsin data center

PORT WASHINGTON, Wis. — The name and users have been announced for the billion-dollar data center campus planned in Port Washington. Denver-based Vantage Data Centers on Wednesday announced that ...
U.S. News & World Report

Oracle Plans Thousands of Job Cuts as Data Center Costs Rise, Bloomberg News Reports

March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...
Barron's

This Energy Provider Has a Data-Center Deal With Oracle. The Stock Is Flat After Earnings.

Shares of DTE Energy gave back gains Tuesday after the Michigan-based energy company reported better-than-expected quarterly earnings as it prepares to power Oracle’s data center in Saline Township, ...
Business Wire

NETSCOUT Delivers AI-Ready Smart Data for Communications Service Providers

WESTFORD, Mass.--(BUSINESS WIRE)--NETSCOUT® SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of observability, AIOps, cybersecurity, and DDoS attack protection solutions, today announced the extension ...
MarketWatch

Oracle’s stock soars as analyst predicts ‘pure upside’ ahead for the battered cloud provider

Shares of Oracle were stuck in a downward spiral for months, but the tide may be finally turning for the software and cloud giant. Oracle’s stock has plunged roughly 50% from its September peak — ...
Morningstar

Moxe Named Best in KLAS for Payer-Provider Data Exchange

Trusted by both payers and providers, Moxe’s EHR-agnostic framework sets the new industry standard for clinical data exchange. Moxe Health, the leading EHR-agnostic partner for clinical data exchange, ...
Wall Street Journal

Data-Provider Stocks Tumble on AI Competition Fears

Financial data-provider stocks dropped after artificial-intelligence company Anthropic announced it added new functions for legal users of its Cowork assistant. While shares of European legal ...
SiliconANGLE

Oracle unveils $50B fundraising plan to fuel AI data center ambitions

Oracle Corp. has given investors another reason to be nervous after revealing a plan today to raise between $45 billion and $50 billion this year, in order to fund the buildout of more data center ...
Network World

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...