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Investors are increasingly divided in the AI sector, leading to significant losses for Sam Altman's associates. SoftBank's stock has plummeted 40%, and Oracle has lost all its gains following a high-profile AI deal. The trio's ambitious Stargate AI infrastructure project, aimed at building data centers, faces uncertainty amid these market shifts.
Oracle has informed clients of a second cybersecurity breach in which a hacker stole old client log-in credentials from its systems. The stolen data, which includes credentials from as recently as 2024, is being investigated by the FBI and cybersecurity firm CrowdStrike, with the company assuring clients that the compromised system has not been in use for eight years, minimizing the risk.
Oracle's recent fiscal report revealed a staggering increase in contracted revenue, driven by rising demand for AI computing. The company predicts its cloud infrastructure revenue will reach $114 billion by 2029, suggesting a potential for significant growth similar to that of Nvidia.
Oracle's cloud services are playing a significant role in the growth of companies like OpenAI and Nvidia, contributing to substantial profits for Oracle's co-founder Larry Ellison. The strategic partnership and investments in artificial intelligence are driving this success, highlighting the increasing demand for cloud computing capabilities in the tech industry.
Oracle Corporation has announced the promotion of Clay Magouyrk and Mike Sicilia to co-CEOs, succeeding Safra Catz, who becomes Executive Vice Chair of the Board. Both Magouyrk and Sicilia, with extensive backgrounds in cloud infrastructure and industry applications, aim to lead Oracle into the AI era, enhancing its capabilities in artificial intelligence across various sectors. Additionally, the company has made other executive promotions to strengthen its leadership team.
The Trump administration announced a deal to bring TikTok under U.S. ownership, allowing Oracle to oversee American user data and manage the app's recommendation algorithm. This move aims to prevent a ban on the popular platform by licensing the algorithm from its Chinese parent company to an American investor group.
Oracle plans to spend approximately $40 billion on high-performance Nvidia chips to support OpenAI's new data center in Abilene, Texas. This initiative is part of the U.S. Stargate Project, aimed at enhancing the country's position in the competitive AI industry. The purchase will involve around 400,000 of Nvidia's GB200 chips, which Oracle will lease to OpenAI.
Oracle Enterprise Manager can be configured to send notifications to Slack and Microsoft Teams through webhooks or custom Python scripts. This integration enhances communication and monitoring efficiency for DevOps and IT operations by allowing quick responses to incidents and alerts. Detailed steps and example scripts for integration are provided to assist users in setting up these notifications.
Clop ransomware group is targeting Oracle customers with extortion emails, demanding payments in exchange for not releasing stolen data. These emails are part of a broader trend of ransomware attacks aimed at various organizations, highlighting the ongoing threat of cyber extortion in the corporate sector.
Lido DAO is initiating a vote to address concerns over a compromised oracle that has affected its platform. This decision reflects ongoing challenges in maintaining security and integrity within decentralized finance systems. The community is being called to participate in the governance process to determine the next steps.
President Trump confirmed a $14 billion deal for TikTok that allows US companies, including Oracle and Michael Dell, to control the app’s content algorithm. This agreement is part of a national security provision requiring TikTok's divestiture from its Chinese parent company, ByteDance. The deal follows Trump's earlier attempts to ban TikTok due to national security concerns.
OpenAI is set to establish a significant data center in Abu Dhabi, with the first 200-megawatt phase expected to be completed by the end of 2026. Funded by G42 and operated in partnership with Oracle, the project also includes collaborations with SoftBank, Nvidia, and Cisco, although the total cost remains undisclosed.
The content appears to be corrupted or unreadable and does not provide any coherent information regarding Deno or Oracle. As a result, it is impossible to extract a meaningful summary or analysis from the text.
Larry Ellison and his son David are positioning themselves to control a significant media empire, including CBS, Paramount, Warner, CNN, and a stake in TikTok following a regulatory push for ByteDance's divestiture. With Ellison's financial power and connections to Trump, they are uniquely poised to navigate current media consolidation trends.
A deal has been reached to keep TikTok operating in the US, with President Trump announcing that a consortium of American investors will control its US operations. The agreement, which includes tech company Oracle, aims to address national security concerns over data sharing with China, while allowing TikTok to continue using licensed algorithms from its parent company, ByteDance. The deadline for the sale has been extended to December 16.
OpenAI has reportedly agreed to pay Oracle $30 billion annually for data center services, marking a significant partnership between the two companies. This deal is expected to enhance OpenAI's infrastructure capabilities while providing Oracle with a substantial revenue boost.
Oracle is strategically positioning itself to dominate the AI compute market by leveraging its cloud infrastructure and specialized AI services. The company's focus on partnerships and innovative technologies aims to attract a diverse range of clients, enhancing its competitive edge in the rapidly evolving AI landscape.
A new large-scale extortion campaign targeting Oracle E-Business Suite (EBS) was uncovered, linked to the CL0P extortion group. The campaign involved exploiting zero-day vulnerabilities to exfiltrate sensitive data from organizations and sending extortion emails to executives demanding payment to prevent data release. Oracle has issued multiple patches to address these vulnerabilities, with evidence suggesting prolonged exploitation efforts prior to the recent attacks.
Oracle's co-CEOs, Mike Sicilia and Clay Magouyrk, are advocating for the company's significant investment in new data centers, which they claim will enhance AI capabilities for businesses. They emphasize the provision of applied AI through infrastructure, analytics, and applications.
A coalition of buyers for TikTok is set to include major tech firms such as Oracle and Silver Lake, alongside venture capitalist Marc Andreessen. This group aims to explore a potential acquisition of the popular social media platform, which has faced scrutiny over its data privacy practices and national security concerns. The involvement of these influential companies signals strong interest in TikTok's future amidst ongoing regulatory challenges.
Vulnerability CVE-2025-61882 in Oracle E-Business Suite allows for remote code execution without authentication, posing significant security risks. Oracle urges customers to apply the necessary updates promptly and remain on supported versions of the software to mitigate potential threats. Indicators of compromise are provided to assist in detecting and responding to potential exploitation attempts.
Oracle and AMD are collaborating to establish a large data-center cluster utilizing 50,000 of AMD's MI450 AI chips, set to begin deployment in the third quarter of next year. This partnership aims to meet the surging demand for computing infrastructure and will extend beyond 2027.
OpenAI has entered into a monumental agreement with Oracle, committing to purchase $300 billion in computing power over the next five years. This deal is one of the largest cloud contracts in history, reflecting a significant increase in spending on AI infrastructure despite concerns about a potential market bubble.
GitHub Actions can be utilized as an oracle to notarize web content, allowing users to cryptographically prove the existence of online articles even after they are removed. By leveraging GitHub's ID Tokens and logging capabilities, this approach enables secure and publicly verifiable attestations of digital content without relying on complex trusted execution environments. The article also discusses methods for chaining attestations to maintain integrity over time.
Oracle and OpenAI are collaborating on a $15 billion data center campus in Port Washington, Wisconsin, expected to create over 4,000 construction jobs and 1,000 long-term positions. The project is part of their plan to enhance Stargate capacity and is set to begin construction soon, with completion projected for 2028.
Oracle is negotiating a $20 billion multi-year cloud computing deal with Meta, aimed at enhancing Meta's AI capabilities by providing additional computing capacity. This move reflects Meta's ongoing efforts to secure faster access to necessary computing power alongside its existing cloud providers.
President Trump signed an executive order approving a deal that allows TikTok to continue operating in the U.S., requiring China-based ByteDance to sell its U.S. operations. The new arrangement involves a joint venture with major investors like Oracle and Silver Lake, while ByteDance retains a minority stake. The deal is subject to Chinese government approval and aims to address national security concerns.