The Nasdaq entered correction territory earlier this week, and a number of leading artificial intelligence (AI) semiconductor ...
The company's report was a mix of big positives and some negatives. Among the biggest was the news that the software giant had $130 billion in backlogged contracts for cloud services. In addition, ...
Shares of Oracle ( ORCL -2.88%) are sliding on Tuesday. The stock lost 3.2% as of 2:45 p.m. ET today and was down as much as ...
OpenAI Chief Product Officer Kevin Weil said the company’s AI offerings will benefit from the Trump administration’s tech ...
As for guidance, Oracle said it’s expecting revenue growth of between 8% and 9% in the current quarter, trailing Wall ...
In the fiscal third quarter, Oracle reported total revenue of $14.13 billion, up 6% year over year, down from analysts' consensus estimates of $14.38 billion. The company's cloud-services and support ...
OpenAI and Oracle are trying to secure billions in NVIDIA chips for their new 'Stargate' AI hub, setting a transformative ...
Companies and innovators across DFW are pioneering digital infrastructure’s next frontier. Here’s what’s happening, why, and ...
Revenue increased 6% from $13.3 billion in the same period last year. Net income rose 22% to $2.94 billion, or $1.02 a share, from $2.4 billion, or 85 cents a share, a year earlier. Revenue in ...
For the current quarter, Oracle expects revenue to grow of between 8% and 10%. Analysts were expecting growth of about 11% to $15.91 billion, according to LSEG. The company said it expects adjusted ...
The breakneck pace of growth in artificial intelligence is powering investment in the red-hot data infrastructure subsector - ...
It’s natural to fear that AI’s thirst for energy may derail the fight against climate change. But if anything, the breakneck speed of AI innovation is likely the key to solving our toughest energy ...