Oracle Corp. today disclosed that it has won a cloud contract worth more than $30 billion annually. Shares of the company jumped almost 9% on the news at one point. It ended the trading session up 4%.
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OpenAI bets $300 billion on Oracle contract to power artificial intelligence expansion despite ongoing losses
OpenAI signs $300 billion Oracle contract starting in 2027 to expand AI capacity Oracle shares jump over 40 percent after reporting $317 billion in future revenue Deal raises risks as OpenAI loses ...
Oracle’s decision to lay off hundreds of employees across its Cerner health unit last week was reportedly due, in part, to challenges the company has faced in deploying the Department of Veterans ...
The U.S. Department of Defense plans to cancel a multi-year contract with Leidos Holdings (NYSE:LDOS) and Oracle (NYSE:ORCL) in a cost-saving measure, according to a report by Bloomberg. Oracle's ...
Get the latest federal technology news delivered to your inbox. The Department of Veterans Affairs announced on Thursday that it extended its contract with Oracle Cerner to modernize its legacy ...
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