Oracle

Oracle Corp. will partner with DayOne Data Centers Singapore Pte to establish its first cloud services center in Indonesia, people familiar with the matter said, boosting its partnership with a key regional operator that counts TikTok owner ByteDance Ltd as its largest customer.

TikTok owner ByteDance has denied a recent report that it agreed to sell its US operations to a consortium led by Oracle, according to multiple Chinese media. On Monday, Chinese media GeekPark published an article saying that the Beijing-based social media giant had given the nod for a sale to a group led by Oracle, in which it would maintain a minority stake. The article has since been removed. Meanwhile, the company is reportedly working on new versions of the popular short video app, as well...

[Link: Oracle, OpenAI Expand Stargate Deal for More US Data Centers | https://www.bloomberg.com/news/articles/2025-07-02/oracle-openai-ink...

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OpenAI has agreed to rent a massive amount of computing power from Oracle Corp. data centers as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial intelligence products.

Oracle shares have jumped more than 33% this year, benefiting from cloud growth and the rise of artificial intelligence models.

Oracle Corp. said it has signed a single cloud deal worth $30 billion in annual revenue — more than the current size of its entire cloud infrastructure business.

Oracle investors haven't had a week this good since April 2001, after the stock had collapsed in the dot-com crash.

Oracle investors haven't had a week this good since April 2001, after the stock had collapsed in the dot-com crash.

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Oracle's outlook was better than expected, leading many analysts to lift their price targets on the stock.

... software industry. The race to develop and sell AI software and ... Oracle inked another cloud contract with a Chinese tech company: e-commerce...

Oracle's outlook was better than expected, leading many analysts to lift their price targets on the stock.

Oracle reported better-than-expected results for the latest quarter and said it will likely deliver more revenue than it had planned for in fiscal 2029.

Oracle Corp. shares soared to a record high after the software maker projected a 70% gain in cloud infrastructure sales this fiscal year, giving a bullish outlook for the closely watched business.

Expect news from Apple's WWDC, earnings reports from enterprise tech, and a key inflation reading that could affect the Fed's next interest rate...

OpenAI model modifies shutdown script in apparent sabotage effort ... Send us news. Other stories you might like. Oracle's $40B Nvidia hardware...

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Oracle will spend around $40 billion on Nvidia's higher-performance chips to power OpenAI's new U.S. data center, the Financial Times reported on...

Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Arab Emirates.

Technology giants OpenAI, Oracle, Nvidia and Cisco are joining forces to help build a sweeping artificial intelligence campus in the United Arab Emirates.