Oracle Enters Expensive Cloud 'Arms Race' with New Data-Center Expansion Plan

Oracle is stepping up its efforts in the race to conquer the cloud. Steve Daheb, Senior Vice President at Oracle Cloud, was with us to explain the company's latest strategy to take on big cloud players such as Amazon and Microsoft. Oracle recently announced it was expanding automation beyond the database to make all Oracle cloud platform services 'self-driving.' Oracle is applying A.I. and machine learning to its entire next-generation Cloud Platform services. Daheb breaks down how this will give Oracle an edge against Amazon, Microsoft, and other competitors. Oracle also announced plans to quadruple its giant data-center complexes over the next two years. This could be a costly project. Daheb explained the company's strategy as it enters the expensive cloud arms race.

More In Business

Hot Summer, Cool Market: Low Affordability Stalls Buyers and Sellers

Home sales are 25% below normal due to low affordability, leading to the 'lock-in effect' where homeowners stay put.

Puma’s 'Forever Faster' Plan: Outrun the Competition in Sleek Footwear

PLUS: Puma launched Puma House in Paris to celebrate the 2024 Olympics. Notable attendees include Linford Christie, Tommie Smith, and Robert Pires.

FlexIt CEO Austin Cohen On The Future Of Working Out From Home

Will the exercising at home revolution continue in a post-Covid world? Find out what the FlexIt CEO had to say, plus the company's partnership with TalkSpace.

Video Game Performers Will Strike Over AI concerns

Hollywood’s video game performers are going on strike, throwing part of the entertainment industry into another work stoppage.

Widespread Gains Send Wall Street Higher To Close a Shaky week

U.S. stocks climbed Friday to close out a bumpy week dominated by sharp, market-cleaving swings.

Tech Stocks’ Terrible, Horrible, No Good, Very Bad Week

Pretty much all the tech stocks driving the market were looking shaky—and they weren't the only ones.

Small Stocks Are About to Take over? Wall Street Is Unconvinced...

Some of the smallest stocks on Wall Street have shown much more life recently. but professional investors still aren’t convinced.

Global Shares Tumble after Big Tech’s Wipeout on Wall Street

Global shares have dropped as pessimism set in over Wall Street's nose-dive related to Big Tech's pullback.

Domino's Q2: Strong Growth Amidst Inflation and Future Challenges

Domino’s Pizza reported a 7.1% revenue rise to $1.1B amid value meal competition and inflation. Q3 may slow, with caution on growth and consumer spending.

Alphabet Prospering on AI Search Injection

Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine.

Load More