On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins.

Oracle has officially entered a new chapter. The software giant said Monday it is elevating Clay Magouyrk, president of cloud infrastructure, and Mike Sicilia, president of industries, to the role of ...

Oracle CEO Mike Sicilia reveals host of new launches and announcements Oracle bidding to build “the world's largest AI cloud” 22 new Fusion AI apps and new database AI tools among new offerings The ...

During the company's fiscal third-quarter earnings call, Oracle Co-CEO Clay Magouyrk said the company's AI infrastructure is delivering healthy returns even as the tech giant aggressively builds new ...