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The Latest Breaking News from OCI

Oracle Fans Love the New TikTok Deal. But Does It Really Change the Bull Case for ORCL Stock?

The Larry Ellison-led company is finally set to own a stake in the popular social media platform owned by the Chinese.

HC raps MHA for ‘distorted’ paperwork in Reuters journalist’s OCI case

HC raps MHA for ‘distorted’ paperwork in Reuters journalist’s OCI case

Hearing the case of Reuters journalist Raphael Satter, whose Overseas Citizen of India (OCI) card was revoked in December 2023, the Delhi High Court reportedly pulled up the Ministry of Home Affairs’ counsel for inadequate paperwork. According to Bar and Bench, the judge said, “Your officers have completely distorted it.”

Oracle And Nvidia Team Up To Power Abu Dhabi's Push For 'Sovereign AI'

Oracle And Nvidia Team Up To Power Abu Dhabi's Push For 'Sovereign AI'

Oracle Corp (NYSE:ORCL) is supercharging its Abu Dhabi cloud region with the Middle East's first Nvidia Corp (NASDAQ:NVDA)-powered Oracle Cloud Infrastructure (OCI) Supercluster.

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Nvidia might dominate the industry, but Oracle is still betting on AMD chips for its superclusters

50,000 MI450 GPUs will power Oracle’s next supercluster, 131,072 MI355X GPUs go into its zettascale Supercluster.

Oracle has just unveiled the “largest AI supercomputer in the world” – and it really is huge

OCI Zettascale10 will have up to 800,000 Nvidia GPUs, but this is only the foundation of OpenAI’s Project Stargate.

Absci Boosts AI-Powered Drug Discovery With Oracle And AMD Collaboration

Absci Inc. (NASDAQ:ABSI) on Thursday collaborated with Oracle Corporation’s (NASDAQ:ORCL) Oracle Cloud Infrastructure (OCI) and AMD Inc. (NASDAQ:AMD) to accelerate generative AI-driven drug discovery.

Layoffs For AI: Oracle Pulls A Meta—Will Investors Buy The Efficiency Story?

Oracle Corp (NYSE:ORCL) is cutting staff, and investors are already sizing up the playbook: is this the lean efficiency of a cloud titan, or a warning flag in disguise? Roughly 10% of its Oracle Cloud Infrastructure (OCI) workforce in India has been let go, a move the company frames as…

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Oracle can now sell Gemini models following major Google Cloud deal

Oracle can now sell Gemini models following major Google Cloud deal

Oracle Cloud Infrastructure customers can now access Gemini models as it builds a multi-vendor strategy.

Bloom Energy Stock Jumps On Deal To Power Oracle's AI Data Centers

Bloom Energy Stock Jumps On Deal To Power Oracle's AI Data Centers

Shares of Bloom Energy Corp (NYSE:BE) are surging Thursday morning after the company announced a collaboration with Oracle Corp (NYSE:ORCL). Bloom will deploy its proprietary fuel cell technology to provide onsite power for select Oracle Cloud Infrastructure data centers across the U.S.

Byju Raveendran held guilty of contempt by US court, civil sanctions imposed

Byju Raveendran held guilty of contempt by US court, civil sanctions imposed

Byju Raveendran, the co-founder of ed-tech giant BYJU’s, was held guilty of contempt by the Delaware Bankruptcy Court in the US on Monday, July 7. The court also imposed civil sanctions worth USD 10,000 per day on him beginning July 1. Byju had maintained that the Delaware court does not…

Making every second count - how Oracle is keeping Red Bull Racing at the top of the Formula 1 game

Making every second count - how Oracle is keeping Red Bull Racing at the top of the Formula 1 game

Oracle and Red Bull Racing partnership continues to go from strength to strength.

Why Is xAI Moving Grok to Oracle Cloud?

Why Is xAI Moving Grok to Oracle Cloud?

xAI and Oracle have partnered to bring Grok models to the Oracle Cloud Infrastructure (OCI), making them available through Oracle's Generative AI

Death, violence and endless delay: Inside Africa’s most troubled energy project

Death, violence and endless delay: Inside Africa’s most troubled energy project

IN FOCUS: Africa’s largest natural gas project was expected to drive Mozambique’s economy to new heights. The reality has been far different, writes Nick Ferris

The Independent UK

UK windfall tax can fund switch to green jobs for North Sea oil workers – report

UK windfall tax can fund switch to green jobs for North Sea oil workers – report

Exclusive: Campaigners call for energy profits levy to be made permanent to enable ‘just transition’ from fossil fuels

The Guardian - UK

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The Future of Peoplesoft Embraces Cloud Native Technologies

Customer application development has shown that cloud-native structures deliver improved operational efficiency and unlimited growth capabilities and reduced operational expenses. A discussion follows about cloud-native transformations of PeopleSoft systems with attention to containerization and cloud migration and micro services along with AI-based automation.

The Guardian - UK

US journalist sues Indian government after losing his overseas citizenship

Raphael Satter had his OCI card taken away after publishing a story critical of an Indian businessman

Oracle Juggles GenAI Ambitions, Tight IT Budgets: What's Next For The Stock?

Oracle faces challenges as it pursues GenAI and cloud growth with cautious IT budgets. Stock target of $140 by 2025 suggests tempered outlook.

AMD lands yet another major cloud deal as Oracle adopts thousands of Instinct MI300X GPUs to power new AI supercluster

Oracle Cloud Infrastructure will add the AI accelerator to its selection of bare metal instances.

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Tom’s Hardware

Elon Musk and Larry Ellison begged Nvidia CEO Jensen Huang for AI GPUs at dinner

Larry Ellison talked about how he asked Jensen Huang over dinner to give him 131,072 Blackwell GPUs for the planned Zettascale Oracle Supercluster.

Tom’s Hardware

Nvidia and Oracle team up for Zettascale cluster: Available with up to 131,072 Blackwell GPUs

Oracle says Nvidia's Blackwell GPUs will be available in 2025 as it announces Zettascale cluster powered by up to 131,072 Blackwell GPUs.

The Guardian - US

US leads wealthy countries spending billions of public money on unproven ‘climate solutions’

Exclusive: Over $12bn in subsidies awarded for technologies like carbon capture experts call ‘colossal waste of money’

When light meet bytes: Intel debuts crucial optical tech that will boost AI performance — OCI chiplet can move up to 4Tbps and consume nearly 70% less power than rivals

Intel has unveiled its optical compute interconnect (OCI), the industry's first fully integrated bidirectional optical I/O chiplet.

‘No reason provided’: Another French journalist says ‘forced to leave’ India

Sébastien Farcis, a French journalist who was the India correspondent for Radio France Internationale and Libération, has claimed that he was forced to leave the country with the Ministry of Home Affairs denying the renewal of his journalist permit. “No reason has been provided to justify this work ban,” he…

Apple Intelligence may be reason why OpenAI wants Microsoft to work with archrival Oracle — Azure may be feeling the pinch as iOS 18 AI-focus means far more GPUs are required

Oracle, Microsoft and OpenAI are joining forces to meet the expected demand from Apple Intelligence.

‘Lost right to write’: Months after ‘forced' exit, French journo details ‘Modi’s autocratic turn’

Over four months after she was “forced to leave India”, French journalist Vanessa Dougnac has written a detailed account of how she was “banned from practicing my profession as a journalist” in a cover story for French magazine La Croix L’Hebdo.

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