Oracle elevates co-CEOs to shepherd AI cloud business

The company appointed Clay Magouyrk and Mike Sicilia to chief executive officer roles Monday. Former CEO Safra Catz became ...

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.
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‘Oracle’s Future Is Bright’ With New Co-CEOs, Larry Ellison Says

Oracle appoints new CEOs Clay Magouyrk and Mike Sicilia, as Larry Ellison says AI and Oracle Cloud Infrastructure was key in ...

Oracle’s new Gen X and Millennial CEOs get stock options worth $350 million—but they’ll have to keep the stock soaring to collect

CEOs Clay Magouyrk and Michael Sicilia will take over for Safra Catz, who will take on a new role as executive vice chair of ...

Oracle Briefly Joined the Trillion-Dollar Club. But Investors Should Watch These 3 Red Flags.

Oracle may have quietly joined the trillion-dollar club, but investors shouldn't mistake that milestone for a free pass.

Oracle in Talks With Meta on $20 Billion AI Cloud Deal

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further ...

Oracle shares climb on reports it could ink $20B cloud deal with Meta

The company’s cloud platform, OCI, offers access to AI clusters with upwards of 100,000 Nvidia Corp. graphics processing ...

Oracle appoints new co-CEOs as AI-fuelled cloud surge reshapes company

The transition comes at a time when Oracle is riding the wave of the artificial intelligence boom. Once seen as a laggard in ...