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14.07.26 - 17:06
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Microsoft vs Oracle: One Thriving, One Burning Cash (24/7 Wall St.)
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Both companies posted blockbuster AI cloud numbers, yet the market treated them like night and day. The reason comes down to a fundamental split in how each is funding its AI ambitions, and one balance sheet tells a story investors did not expect....
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14.07.26 - 14:48
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Larry Ellison Loses $60 Billion (24/7 Wall St.)
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Larry Ellison has had a bad year. The founder of Oracle (NASDAQ: ORCL) has lost $60 billion in net worth this year, which has dropped his total to $187 billion, still a lot of money. The Bloomberg Billionaires list shows that no one on it has done worse. The primary reason for the drop is ... Larry Ellison Loses $60 Billion...
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14.07.26 - 12:06
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Thira Raises $21 Million Seed Round Led by Madrona to Build the Back-Office That Runs Itself (Business Wire)
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Apptio founders introduce a new Agentic System of Execution powered by secure, self-learning AI, bringing enterprises closer to a back-office that runs itself.BELLEVUE, Wash.--(BUSINESS WIRE)--Thira, creator of secure, self-learning AI system of execution built for the enterprise, today announced a $21 million seed financing led by Madrona, with participation from FUSE and a group of prominent global advisors and CIOs. Apptio co-founders Sunny Gupta and Kurt Shintaffer are reuniting as part of the founding team behind Thira. Together, with a broader founding and early team including Mudit Goel, former SVP of Engineering at Atlassian; Grant Neuman, former AI Engineer at Oracle Cloud Infrastructure; Tarek Madkour, former Director of Product Management at Databricks; and Shashwat Srivastav, former founder and lead AI engineer at AIVOT, they are pursuing a simple vision: creating the back-office that runs itself, initially focused on enterprise IT processes. Matt McIlwain, Managing Director at Madrona, who pr...
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13.07.26 - 18:18
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Jointly developed IP promotes Chinese culture globally (PR Newswire)
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BEIJING, July 13, 2026 /PRNewswire/ -- The following article was published today by China Daily. On the 20th anniversary of Yinxu's UNESCO World Heritage inscription, China Daily and the Anyang municipal government jointly launched the Roots of Oracle Bone Civilization IP on July 13 in......
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13.07.26 - 16:24
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Is AI Running Out Of Money? (24/7 Wall St.)
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The megacap companies funding AI expansion have issued nearly $250 billion in debt this year. So far, Amazon *+(NASDAQ: AMZN), Nvidia (NASDAQ: NVDA), and SpaceX (NASDAQ: SPCX) are on this list. That is on top of Oracle (NASDAQ: ORCL), and Wall St. is already worried about whether it can compete with much larger companies. How ... Is AI Running Out Of Money?...
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