It looks like after a string of losses, cloud and software services provider Oracle (ORCL) has finally scored a win. According to various reports, the company will be a part of a set of investors that will own the US operations of TikTok,

Oracle is trying to buy its way into the center of the artificial intelligence boom with one of the most aggressive infrastructure splurges in corporate history. The scale of that ambition has turned the company into a live test of how far financial markets will chase AI promises before asking whether the underlying engineering can

A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint venture, with Oracle’s cloud business as its backbone.

Oracle is radically changing its finances as it shifts from software to the cloud. Now its Chairman Larry Ellison is getting his fingers into media.

“ Oracle has become the poster child for fears of an AI bubble,” Oracle investor and tech analyst Cory Johnson told Yahoo Finance. Oracle declined to comment for this story.

It hasn't been that long since Oracle was an AI darling. A lot can change in a few months.

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.

The “Stargate” data center for OpenAI planned on land in rural Saline Township has faced pushback locally and across Michigan.

Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner knocked its shares down 5% on Wednesday.

After being laid off by Oracle, Clair Todd has spent about two years job hunting, reselling antiques, and rethinking her pivot to the tech industry.