Oracle is shaking up its executive suite as it sets its sights on AI infrastructure dominance. The company announced Monday that it is promoting Clay Magouyrk and Mike Sicilia to co-CEO roles.

Oracle has seen its revenue take off in recent times thanks to demand for AI capacity. The company already hosts TikTok’s U.S. data -- a new agreement could represent additional revenue opportunities.

Kolkata: A day before GST 2.0 implementation, confusion over MRP and old vis-à-vis new stock prevailed in markets on Sunday, despite assurance of price reduction from most of the sellers. The retail ...

Clay Magouyrk and Mike Sicilia say they’ll lead Oracle ‘into the AI era.’ Clay Magouyrk and Mike Sicilia say they’ll lead Oracle ‘into the AI era.’ is a news writer focused on creative industries, ...

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 ...

Oracle (ORCL) stock edged up 1.5% on Tuesday after media outlets reported the software giant would be part of the US and China's preliminary TikTok deal. Treasury Secretary Scott Bessent said at a ...

Oracle Corp. today appointed Clay Magouyrk and Mike Sicilia as co-chief executive officers. Magouyrk and Sicilia are succeeding longtime CEO Safra Catz, who is moving to the role of executive vice ...

American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...

Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...

The Wall Street Journal reported that an investor consortium including Oracle ORCL, Silver Lake, and Andreessen Horowitz is finalizing a deal to hold a roughly 80% stake in the new entity that ...

Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...