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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.

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.

Oracle's backlog rose $68 billion to $523 billion on new commitments from Meta and NVIDIA, but revenue came in below forecasts and the shares fell 11% after hours; a $2.7 billion gain on selling its Ampere stake lifted earnings.

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.