Oracle stock (ORCL) jumped roughly 4% Monday to hit a record closing high after the software giant disclosed that it inked new multibillion-dollar cloud services agreements. In a filing to the US ...
Oracle Corp. has cut more than 150 jobs in its cloud division, a move that underscores the balancing act tech companies face as they ramp up investments in artificial intelligence while keeping ...
STORY: Shares of Oracle skyrocketed more than 40% Wednesday morning to hit a record high, after the company said it was seeing a surge in demand for its cloud services from AI firms. The huge jump in ...
Advanced Info Service (AIS) has partnered with the Oracle Alloy cloud infrastructure platform in a plan to offer Thailand's first locally-owned and operated hyperscale cloud infrastructure services.
IT buyers like the operational flexibility that the public cloud provides. Capital expenditures go away. OpEx becomes predictable. Resources are available on-demand, with near-endless scalability.