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The Marked Chart Wire · Business
HotOracle
Oracle projects FY2030 sales of at least $225 billion, implying over 35 percent annualized growth from FY2026. The firm expects cash generation to turn positive in late FY2028 and aims for self-funding by FY2029.
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HotOracle
The company reiterated its forecast for over $90 billion in revenue and $8.10 non-GAAP EPS. It also announced a $20 billion ceiling on new capital issuance through fiscal 2030.
Oracle OpenAI
Oracle and OpenAI announced a broader collaboration embedding ChatGPT and Codex into Oracle's cloud and database products. The deal covers AI agents, cybersecurity tools, and application development for both large enterprises and small businesses.
Cloud Partnerships
The two companies will integrate Snowflake directly into Oracle Cloud Infrastructure. This allows customers to use unified billing and avoid cross-cloud data transfer fees.
Intel Oracle
Intel and Oracle announced a multiyear plan to integrate Intel's Diamond Rapids processors into Oracle Cloud Infrastructure. The collaboration targets enterprise AI workloads, though specific deployment dates and financial terms were not disclosed.
AI Infrastructure
Oracle and Cerebras Systems have agreed to integrate Cerebras' wafer-scale inference technology into Oracle Cloud Infrastructure. The service is scheduled to become available in 2027, though specific financial terms were not disclosed.
Nvidia
The Department of Justice is investigating Nvidia's purchase of the AI platform Hugging Face, according to two people familiar with the matter.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.