On Tuesday, Oracle Corporation ORCL said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins.

Oracle’s rising debt levels and surging capital expenditures to build capacity for future orders have long been a source of concern for investors.

Oracle (ORCL) is changing the way in which businesses pay for artificial intelligence, and the company's CEO says the new approach places customers back in control. During Oracle's fiscal ...

Clay Magouryrk, Oracle CEO, joins 'Halftime' to discuss the company's earnings results, demand for compute and much more.

During the company's fiscal third-quarter earnings call, Oracle Co-CEO Clay Magouyrk said the company's AI infrastructure is delivering healthy returns even as the tech giant aggressively builds new ...