AMD, Oracle and Deals
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There are absolutely investors who are concerned about margins, or concerned Oracle's targets are very aggressive
Oracle will deploy 50,000 AMD GPUs by 2026 to power an AI supercluster, setting a new benchmark for scalable, efficient infrastructure across the AI industry.
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business.
TMTPOST -- Oracle Corporation shares tumbled as much as 7.1% on Tuesday after a report raised new concerns over profitability of artificial intelligence (AI) computing, the software giant’s highly anticipated business driving its stock surged more than 70% to the date this year.
Oracle Corp on Thursday said it won deals with McDonald's Corp , Albertsons Companies Inc and Humana Inc to move some of their work to Oracle's cloud computing services.
The UK Government's Home Office has signed a new cloud computing contract with Oracle valued at almost £54 million ($72m). As first reported by Public Technology, the contract will start in November 2025 and run for five years.
In a keynote speech at Oracle OpenWorld Tuesday Thomas Kurian, executive vice president of software product development, made a pitch for Oracle's integrated hardware and software stack as a way to circumvent the problems that cloud computing can cause.
Its new funny-money approach to cloud services is a naked attempt to keep customers from using real cloud solutions In other words, you can take the massive amount of money you’re tossing at Oracle for applications (and other stuff, I assume) and spend ...