OCI segment drives robust growth for Oracle by providing cloud infrastructure for AI workloads.

The entities involved

• OCI →

  UK company

  • Altria's Marlboro pricing strength and OCI margin expansion are reported alongside new retirement income strategies promoted by Fisher Investments.Sun 16:06
  • Red Hat expanded its portfolio on OCI, highlighting closer interoperability and providing images for AMD and Intel instances.Tue 02:10
• Oracle →

  company in Madrid, Spain

  • Rising Credit Default Swap (CDS) costs are now questioning the capital expenditure financing for CoreWeave, Nebius Group, and Oracle.Sun 00:07
  • Lewis Thompson was appointed senior vice president at Oracle.Sat 12:51

Related events

• Oracle is providing computing power for OpenAI's AI work.Jun 11
• Oracle is procuring up to 2.8 gigawatts of Bloom's fuel-cell systems, driven by the broader demand for AI power.Jun 22
• Oracle plans AI data center in New Mexico.Aug 15
• Larry Ellison holds about 40% of Oracle equity as the company competes in the AI infrastructure race alongside OpenAI and Nvidia.Jul 13