Talks conclude: Microsoft gets the gig

Also adds new UK regions for Oracle Database@AWS

Brings overall future leases for hyperscalers to more than $700bn

Finishes the quarter with a remaining performance obligation of $553 billion

Oracle Red Bull Racing extends ongoing partnership with Big Red

To feed OpenAI buildout, company will slash staff

After major power outage earlier this year

US-based healthcare services will migrate to Oracle's cloud platform

Big Red continues expanding its multi-cloud footprint

The latest contract issued under the Cloud One program

Follows announced plans to raise up to $50 billion in debt and equity in 2026

Issues were caused by the harsh winter storm

Also reportedly considering 20-30k in layoffs

Oracle first announced plans for Kenyan region in 2024

Site being developed by Stack and BorderPlex Digital Assets will be used for OpenAI

First weekend after official launch of new owner

ByteDance retains 19.9 percent stake

Big Red servers set sail on HMS Prince of Wales

In an attempt to prevent electricity price increases for regular ratepayers

Facility previously used by CCTV sercurity firm

Bondholders claim Oracle concealed how much debt it would need during bond sale

Meanwhile, Bank of England contract with Oracle creeps up in value

Is the saga finally over?

Oracle maintains that negotiations are "on schedule" for project, Blackstone could pick up the bill