Alphabet, Amazon, Meta, and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey AI chips. The combined capital expenditure of the five tech companies reached $313bn in the 12 months to the end of June,

Oracle is now offering Oracle Database@Google Cloud to customers in Canada. With the debut of the powerful multicloud service in Canada, customers can now run Oracle Exadata Database Service on Dedicated Infrastructure,

Oracle ($ORCL) stock was down 11% on Thursday, at the time of writing, as the database software provider and cloud computing company missed

Oracle Corp.'s latest earnings report included $10 billion of quarterly cash burn and a massive increase in capital spending.

Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an

As Oracle pours billions into AI data centers, enterprises may face rising costs — but Oracle too is in a tight spot, which gives CIOs leverage in negotiations.

Oracle co-CEOs Clay Magouyrk and Mike Sicilia weighed in on the cloud applications, infrastructure and multicloud businesses during the database vendor’s Q2 earnings call.

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With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, $ORCL has not earned its premium valuation.

Most U.S. stocks are rising on Wall Street, but a big drop for Oracle is holding the market back as the tech giant contends with worries about whether its spending on artificial-intelligence technology will pay off.