Oracle promotes two presidents to co-CEO role
Safra Catz will become the executive vice chair of Oracle’s board of directors after 11 years as the company’s CEO.
Safra Catz will become the executive vice chair of Oracle’s board of directors after 11 years as the company’s CEO.
The $300B deal is a reminder that despite Oracle’s legacy status, it shouldn’t be overlooked when it comes to AI infrastructure. But key questions around power and how OpenAI will pay for this remain.
OpenAI and Oracle reportedly signed a deal that includes OpenAI buying $300 billion of compute over a five-year span.
OpenAI was the customer that signed the huge deal that Oracle disclosed last month.
After pushing the TikTok sale date back yet again, President Donald Trump said in an interview on Sunday that he had found a potential buyer for the ByteDance-owned platform.