Microsoft said its quarterly profits soared as revenues from its cloud computing division surged to a record level, driven by rampant demand for artificial intelligence services. Net income increased ...

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...

Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...

Sept 19 (Reuters) - Oracle (ORCL.N), opens new tab is in talks with Meta (META.O), opens new tab for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's ...

Aug 1 (Reuters) - Amazon.com shares <AMZN.O> fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence ...

Products made by Sugon Information Industry Co Ltd are on display at the organization's facilities. The company will help 100 Chinese cities build cloud computing centers over the next five years.