Oracle (ORCL) stock dropped over 40% from its September peak of $877B valuation. Oracle’s $300B OpenAI contract assumes spending Oracle cannot guarantee. Oracle’s remaining performance obligations hit ...
Researchers at Google have developed a new AI paradigm aimed at solving one of the biggest limitations in today’s large language models: their inability to learn or update their knowledge after ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford looks at one of the downsides of Oracle’s leap into ...
Broadcom and Oracle continue to outperform the “Magnificent Seven,” making the “Ten Titans” a better representation of market leaders. Hyperscalers are turning to Broadcom for its AI chips and ...
Broadcom and Oracle's surging stock prices illustrate how AI is redefining previously stagnant investment theses. Just a few years ago, both companies were often viewed as dividend-paying stalwarts.
Oracle’s historic stock surge this week was fueled by a massive backlog, which is largely due to a deal with OpenAI. A week earlier, Broadcom shares soared after the company announced a $10 billion ...
From an underdog priced at a heavy discount, Oracle is now emerging as a leader in the cloud with a stock that is priced accordingly. I show why many investors were falling victims to recency bias and ...
Perplexity received 780 million queries in May, CEO Aravind Srinivas shared onstage at Bloomberg’s Tech Summit on Thursday. Srinivas said that the AI search engine is seeing more than 20% growth month ...
Oracle has transformed into a cloud and AI leader, leveraging unique technical advantages and strategic partnerships to secure massive AI-related contracts and backlog growth. Strong financial results ...
In one interaction CNN found, a user asked Grok to discuss another user “in the style of pirate.” Grok’s initial response made sense for the query; it began its reply with “Argh, matey” and said “no ...