Oracle announces funding for carbon capture research
Up to $1 million supports research at Project Jupiter and across New Mexico.
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Enterprise cloud software and infrastructure provider
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In short: Oracle reported record Q1 revenue and strong cloud growth, though it faced scrutiny over data center costs and VA contract overruns.
Up to $1 million supports research at Project Jupiter and across New Mexico.
Total revenues reached $19.3 billion with triple-digit IaaS growth. Oracle also announced new AI platforms and a quarterly dividend.
Results released on September 10, 2026. A conference call and webcast follow at 4:00 p.m. CT.
Leah selects Oracle Cloud Infrastructure and PwC expertise to support its Agentic OS global scaling, aiming for 30% performance improvement and significant cost reductions.
Oracle executives face congressional subpoenas over a VA medical records project whose cost rose from $10 billion to $27 billion by 2031.
Shares decline for a fifth session as investors await upcoming positive developments to reverse the current downward trend.
Oracle is pouring tens of billions into AI datacenters faster than its own business can generate...
Oracle has begun another round of layoffs in India, with product engineering teams reportedly facing the deepest impact. According to the MoneyControl report, thousands of...
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