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Cloud bookings reach US$455 billion, driven by AI demand and major tech deals
Oracle’s shares hit a record high, driven by cloud growth and major deals with OpenAI and TikTok, forecasting aggressive future expansion.
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scmp.com
Cloud bookings reach US$455 billion, driven by AI demand and major tech deals
Oracle’s shares hit a record high, driven by cloud growth and major deals with OpenAI and TikTok, forecasting aggressive future expansion.
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cnbc.com
Oracle stock booms 40%, on pace for best day since 1992
The cloud giant is on pace for its best day since 1999, and is now quickly approaching the $1 trillion market cap benchmark
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techcrunch.com
OpenAI and Oracle reportedly ink historic cloud computing deal | TechCrunch
OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
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Oracle shares retreat 6% after sharpest rally in more than 30 years
One analyst fretted that much of Oracle's planned business expansion comes from a single client: OpenAI.