Oracle announced AI database expansion on AWS, a multiyear quantum partnership, and filed institutional investment stakes with the SEC.

The entities involved

• Oracle Corporation →

  American multinational computer corporation

  • CoreWeave's strong quarterly results helped alleviate market concerns regarding Oracle Corporation.Wed 22:05
• Amazon Web Services →

  subsidiary of Amazon that provides on-demand cloud computing platforms on a metered pay-as-you-go basis

  • Plans to build a $7 billion data center facility in Jasper County, requiring regulatory approval.Thu 01:34
  • Southwest Airlines is partnering with Kiro and Amazon Web Services for cloud migration and AI architecture development.Thu 00:30
• Quantinuum →

  quantum computing company spun off from Honeywell

  • Quantinuum and RIKEN upgraded a quantum computer at RIKEN, aiming to develop a 'Made with Japan' system.Tue 10:16

Related events

• Major tech firms like Oracle, Google, and AWS are accelerating AI infrastructure buildouts, including chip procurement and data center investments.Jun 8
• States in Texas are placing moratoriums on AI data centers while AWS expands its infrastructure.Aug 14
• Microsoft and AWS are investing in data centers in Greece as Greece addresses energy issues in Europe.Tue 14:39
• Cloud companies are reporting on their competitive positions, including AWS revenue, Azure vs AWS gap, and capacity commitments from OpenAI and Anthropic.Sep 3
• AWS, Microsoft, and Google are expanding data center capacity in India, with Bengaluru and Hyderabad serving as key hubs.Jul 21