Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...
This article first appeared on GuruFocus. Oracle (NYSE:ORCL) shares continue their northward push after word spread that the software giant could play a central role in reshaping TikTok's U.S. future.
Meta is in talks to sign a multi-year cloud deal with Oracle worth about $20 billion, Reuters reports. The contract would be used to augment Meta's growing AI training and inference needs. Meta has ...
Oracle is in talks with Meta for a multi-year cloud computing deal worth nearly $20 billion, Bloomberg News reported on Friday, citing people with knowledge of the matter. Oracle would provide the ...
Oracle (NYSE:ORCL) stock continues to spur investor optimism, buoyed by its artificial intelligence deals. However, on Wednesday, Oracle faced scrutiny as Moody’s Ratings highlighted potential risks ...
Meta Platforms (NASDAQ:META) is reportedly considering the use of Oracle's (NYSE:ORCL) cloud services for training and deploying artificial intelligence models in a multiyear deal worth approximately ...
Oracle is among a consortium of firms that would enable TikTok to continue operations in the United States if a framework deal between the U.S. and China is finalised, CBS News reported on Monday.
Oracle (ORCL) is looking to borrow $15B through the U.S. sale of corporate bonds, as it begins to fulfill major cloud infrastructure deals with OpenAI and others, Bloomberg’s Ethan M. Steinberg, Brody ...
Oracle (NYSE:ORCL) shares were up 0.9% in premarket trading on optimism over the software company’s potential role in a TikTok deal. The technology firm would rebuild and secure a new U.S. version of ...
Sept 24 (Reuters) - Oracle (ORCL.N), opens new tab is aiming to raise $18 billion in debt, a regulatory filing showed on Wednesday, as the company looks to invest heavily in building out cloud ...
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