News - Page 22

Oracle is at a pivotal juncture, considering a potential stock split after 24 years, with shares at £169. The buzz around Oracle centres on its aggressive AI advancements, significantly boosting its cloud revenue by 52% this year. Oracle’s cloud revenue is projected

Nebius Group has successfully transitioned from Yandex’s international holdings, repositioning itself as a key player in the AI-as-a-Service market. Strategic partnerships with Accel and Nvidia, along with a notable $700 million financing round, highlight Nebius’s industry strength and investor confidence. Nebius’s access

The New York Stock Exchange has relocated its Chicago branch to Dallas, rebranding it as NYSE Texas. This move signals Texas’ growing influence in the financial sector, boasting over $3.7 trillion in market value. Dallas is emerging as a key financial hub,

SMCI is gaining attention with innovative computing solutions, crucial for data centres and cloud services. The company focuses on energy-efficient servers, addressing both sustainability and rising energy costs. Investments in AI and edge computing are key, promising better data processing and reduced

Oracle Corporation is experiencing a positive trend in its stock performance due to strategic investments in AI and cloud technologies. The company has transitioned from traditional database management to leading in the cloud infrastructure market. Oracle’s development of autonomous databases highlights its