CoreWeave crisis: AI debt pressures mount as bills come due
CoreWeave's bond rout and SK Hynix's shelved Solidigm listing show how soaring borrowing costs are turning the AI build-out into a test of balance sheets...
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Abu Dhabi power demand set to double by 2050 as AI and economy expand
AI is expected to become an increasingly important source of demand, with the Emirati city positioning itself as a global tech hub...
Thinking of increasing your enterprise value? Here are the tips
Enterprise value is a financing calculation, the amount a business leader needs to pay to those having a financial interest in his/her venture...
Business Leader of the Week: Meet Larry Ellison, the ‘bad boy’ of tech world
As of February 2023, Larry Ellison was listed by Bloomberg Billionaires Index as the sixth-wealthiest person in the world, with an estimated fortune of USD 102.6 Billion Dollars...
Has AWS beat the likes of Google in cloud?
The revenue of AWS was $11.60 billion in the third quarter, which is more than the combined revenue of three big players...
Oracle launches regional cloud data centre in Dubai
The Zayed Innovation and Artificial Intelligence Hub is the first-of-its-kind in the region...
Oracle launches its planned second-generation cloud region in Dubai
The new cloud region will offer all Oracle cloud services, including autonomous database and cloud applications...
Workplaces in the UAE more open to embracing AI to foster innovation
A survey led by Oracle and Future Workplace has found 72% of UAE respondents are more optimistic about AI at work...
Oracle buys Aconex
Creates the world’s most comprehensive Cloud offering for managing all aspects of construction projects...
Oracle Financial Services unveils FLEXCUBE V14
Includes 1,200+ new enhancements designed for a connected banking experience and new blockchain, machine learning adapters...