Oracle’s twin CEOs push AI data centre splurge
Insist OpenAI gamble will pay off
Oracle’s new dual boss setup has come out swinging in defence of its expensive data centre expansion, insisting the firm is uniquely placed to make artificial intelligence useful for businesses.
OpenAI signs $1 trillion worth of chip deals to feed its AI habit
Money maths doesn't add up
OpenAI is signing about $1 trillion (€940 billion) in deals this year for computing power to keep its artificial intelligence dreams humming.
Oracle E-Business Suite hacked in $50 million extortion campaign
Cl0p ransomware crew cashes in on unpatched systems
Oracle is scrambling to investigate attacks on its E-Business Suite after hackers launched an extortion campaign against major organisations.
Oracle no longer cool for Catz
Role split between two deputies
Safra Catz is stepping down as chief executive of Oracle after more than a decade, with the US software giant splitting the job between two deputies just as it rides the AI cloud boom.
Nvidia throws $100 bn at OpenAI
Chipmaker plans to bank roll a glut of AI data centres
Nvidia has decided to fling up to $100 billion at OpenAI in what is being dressed up as a grand AI infrastructure partnership.
Trump charges ‘key money’ on TikTok takeover
Orders sale then demands billions for letting it happen
The Trump administration forced TikTok to change hands in the US and wants a fat fee from the investors who are stepping in to buy it.
Oracle trying to be the new Nvidia
Ellison bets the farm on AI
Oracle stunned the cocaine nose jobs of Wall Street with a forecast that makes it look more like Nvidia than the dull database flogger it has been for decades.
Oracle shouts about AI contracts
AI is cool for Catz
Oracle has stopped sulking about being late to cloud and is banging on about how it has become a must-have for the AI set.
Pentagon torches $800m in working HR projects
Accenture and Oracle binned so Salesforce, Palantir and Workday can have a go
The US Department of Defence is chucking out two human resources software projects worth more than $800 million even though they were nearly finished because someone wanted to give their favourite contractors a turn.
Stargate turning into a tire fire
Trump-backed $500 billion AI moonshot already stalling
The $500 billion Stargate project, trumpeted at the White House as America’s grand AI leap forward, is looking more like a tire fire than the start of a golden age.