Oracle

Oracle slump sends Ellison sliding down ranks of world’s richest

[NEW YORK] A frenzied, artificial intelligence (AI)-fuelled rally in Oracle stock briefly made Larry Ellison the world’s richest person in September. But a prolonged slump since then has seen the tech...

Internally, Oracle has benefited from using AI, with 80 per cent of employees saying that the technology has already proven to work well.

Oracle to tap deepening AI adoption in South-east Asia

The key would be in educating customers and prospects alike on the lowered barriers of entry to AI

Larry Ellison, Oracle's executive chairman and chief technology officer, says training AI models is the largest and fastest-growing business in history.

AI’s peak value is in training with private data: Oracle’s Larry Ellison

Businesses can use such information while keeping it restricted to unlock huge productivity gains

Oracle will put 50,000 of AMD's semiconductors in data centre computers starting in the third quarter of 2026.

AMD says Oracle is pledging widespread use of new AI chips

[NEW YORK] Advanced Micro Devices (AMD), Nvidia’s nearest rival in artificial intelligence (AI) processors, said Oracle will deploy a large batch of its forthcoming MI450 chips next year.

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Sept. 22, 2025. Wall Street traders left stocks hovering near all-time highs amid calls for a break after a $15 trillion rally from April lows, with traders awaiting a handful of Federal Reserve speakers and a key inflation measure. Photographer: Michael Nagle/Bloomberg

Magnificent 7 is passe. This group of AI stocks can replace it

[NEW YORK] Wall Street’s most powerful collection of stocks, the Magnificent Seven, is looking a tad dated. Make way for the Great Eight. Or maybe the Golden Dozen. Or the TenAI of GenAI.

Oracle’s role is therefore key to solving TikTok’s alleged security concerns in the US.

Oracle’s role as protector of TikTok data panned as rehash of earlier plan

Data security is at the very heart of the US law that threatens to ban the popular video app

OpenAI and partners plan to use debt financing to lease chips for the Stargate project, according to sources.

OpenAI, Oracle, SoftBank plan five new AI data centres for US$500 billion Stargate project

Artificial intelligence is a priority for Trump and tech companies that are pouring billions into building the computers that are necessary to power the technology

ByteDance will own less than 20 per cent while TikTok US will be controlled by a mix of its existing US and global firms as well as a significant number of new investors who have no affiliation with ByteDance, a White House official said.

Trump team says TikTok deal nears, with Oracle, Silver Lake among investors

[WASHINGTON] President Donald Trump this week will declare that a deal to divest TikTok‘s US operations from its Chinese owner ByteDance will meet requirements set out in a 2024 law, a White House off...

The US law mandating a TikTok sale forbids ByteDance from any operational role in a new US app, including with the software.

TikTok’s algorithm to be secured by Oracle under Trump deal

The US president intends to sign an executive order this week to formalise his approval of the transaction, the White House official says

Oracle is currently at the centre of high-profile discussions to keep TikTok operating in the US.

Oracle names insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move

The promotion of the two executives underscores the tech industry and Wall Street’s focus on cloud computing strategy