Hosted on MSN

Oracle's documents show financial challenges of renting out Nvidia's chips: report

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...
Datacenter Dynamics

Internal documents show Oracle's average profit margin for AI cloud deals was 16% - report

Internal financial documents suggest that Oracle's GPU deals with the likes of OpenAI and other customers saw an average gross profit margin of just 16 percent. As reported by The Information, citing ...
SiliconANGLE

Oracle shares climb on reports it could ink $20B cloud deal with Meta

Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta Platforms Inc. with cloud infrastructure. Sources told Reuters that the ...
Ars Technica

Oracle has reportedly suffered 2 separate breaches exposing thousands of customers‘ PII

Oracle isn’t commenting on recent reports that it has experienced two separate data breaches that have exposed sensitive personal information belonging to thousands of its customers. The most recent ...