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Oracle Names Clay Magouyrk and Mike Sicilia Co-CEOs as Safra Catz Steps Aside
CONFIRMED90% CONFIDENCE1.0 years agoThe release is datelined "Austin, Texas—Sep 22, 2025", PR Newswire[3] stamps it "Sep 22, 2025, 08:00 ET", and the 8-K makes the changes "effective as of September 22, 2025".Oracle promoted cloud chief Clay Magouyrk and industries chief Mike Sicilia to joint chief executives, ending Safra Catz's 11 years as CEO; she became executive vice chair of the board.0.66Oracle Targets $225 Billion Revenue by Fiscal 2030 at Its Analyst Meeting
CONFIRMED86% CONFIDENCE343 days agoOracle's[1][4] notice says the meeting is "Thursday, October 16, 2025" and "will be live at 11:45 a.m. Central Time"; the deck is "current as of October 16, 2025".At its financial analyst meeting during Oracle AI World in Las Vegas, Oracle set fiscal 2030 targets of $225 billion of revenue and $21 of adjusted EPS, with cloud infrastructure revenue reaching $166 billion.0.62Oracle AI World 2025 in Las Vegas
CONFIRMED84% CONFIDENCE346 days agoOracle's[3][4] event page read 'October 13-16, 2025, in Las Vegas' with 'Oracle CloudWorld is now Oracle AI World'.Oracle's renamed flagship conference (formerly CloudWorld), the first under co-CEOs Clay Magouyrk and Mike Sicilia, where Oracle unveiled OCI Zettascale10, a 50,000-GPU AMD supercluster and Oracle AI Database 26ai.0.62Oracle Plans to Raise Up to $50 Billion in Debt and Equity in 2026
CONFIRMED89% CONFIDENCE235 days agoThe release is datelined "Austin, Texas—Feb 1, 2026" and PR Newswire[5] stamps it "Feb 01, 2026, 18:00 ET".Oracle said it would raise $45 billion to $50 billion in 2026, half from a single bond sale and half from mandatory convertible preferred stock and a $20 billion at-the-market share programme, to build capacity for its AI customers.$47.5B0.60Oracle to Deploy 50,000 AMD Instinct MI450 GPUs in an OCI Supercluster
CONFIRMED87% CONFIDENCE345 days agoOracle's[1] release is datelined 'Oracle AI World, Las Vegas and Sunnyvale, California-Oct 14, 2025': 'Oracle and AMD[2] (NASDAQ: AMD) today announced a major expansion'.Oracle will be the first hyperscaler to offer a public AI supercluster of AMD Instinct MI450 GPUs, starting with 50,000 GPUs in AMD Helios racks in the third quarter of 2026 and expanding in 2027.0.59Oracle AI World 2026 in Las Vegas
SCHEDULED75% CONFIDENCEin 31 daysOracle's[1] event page says 'October 25-28 | Las Vegas', with a day-by-day schedule from Sunday, October 25 to Wednesday, October 28.Oracle's flagship AI conference returns to The Venetian in Las Vegas for four days of keynotes from co-CEOs Mike Sicilia and Clay Magouyrk, product demos and training.0.58Dan Schulman Replaces Hans Vestberg as Verizon CEO
CONFIRMED90% CONFIDENCE353 days agoThe release, published Oct 06, 2025 at 12:29 UTC, says Verizon[1] "today announced" Schulman's appointment "effective immediately"; the 8-K dates the board's action to October 4, 2025.Verizon's board named former PayPal chief Dan Schulman, its lead independent director, as CEO in place of Hans Vestberg, and made Mark Bertolini chairman.0.58Oracle Sells $18 Billion of Bonds in One of Tech's Largest Debt Deals
CONFIRMED90% CONFIDENCE1.0 years agoThe pricing term sheet is dated September 24, 2025 and gives "Trade Date: September 24, 2025", with settlement on September 26.[1]Oracle priced $18 billion of senior notes in six tranches from 2030 to 2065, one of the largest bond sales on record in the tech industry, to fund its AI cloud build-out.$18B0.58Verizon Consumer CEO Sampath Steps Down
CONFIRMED87% CONFIDENCE231 days agoSchulman's memo "Executive Leadership Transition" was published Feb 05, 2026 at 16:00 UTC; the 8-K says Sampath ceased to serve on February 4, 2026.[1]Sowmyanarayan Sampath stepped down as CEO of Verizon Consumer Group, with Chief Transformation Officer Alfonso Villanueva, a former PayPal colleague of Dan Schulman's, taking over on an interim basis.0.58Oracle Unveils OCI Zettascale10, a 16-ZettaFLOPS AI Supercomputer
CONFIRMED81% CONFIDENCE345 days agoOracle's[1][2] AI World release of 14 October 2025: 'Oracle today announced Oracle Cloud Infrastructure (OCI) Zettascale10'.Oracle's new cloud AI supercomputer links hundreds of thousands of NVIDIA GPUs across data centers into multi-gigawatt clusters of up to 16 zettaFLOPS, and is the fabric of OpenAI's Stargate site in Abilene.0.57Oracle Q1 FY2026 Results: Backlog Jumps 359% to $455 Billion
CONFIRMED90% CONFIDENCE1.0 years agoThe release is datelined "Austin, Texas—Sep 9, 2025" and PR Newswire[3] stamps it "Sep 09, 2025, 16:05 ET".Oracle said four multi-billion-dollar contracts lifted its contracted backlog 359% to $455 billion and forecast cloud infrastructure revenue rising to $144 billion in four years; the stock gained 36% the next day, its best since 1992.0.57Edda Freya Launches as a Hybrid-Powered Subsea Construction Vessel
CONFIRMED82% CONFIDENCE11.1 years agoOffshore Energy's[3] photo report documented the Edda Freya construction vessel launching (hitting the water) at Kleven's yard on August 15, 2015.Shipbuilder Kleven Verft floated out the Edda Freya at its Ulsteinvik yard, a hybrid-powered subsea construction vessel later chartered to DeepOcean for pipeline and platform repair work like the mission the documentary follows.0.57
