# Oracle Corporation

> Oracle Corporation is one of the world's largest enterprise technology companies, best known for its flagship relational database and a broad portfolio of cloud applications and infrastructure. Founded in 1977 by Larry Ellison, Bob Miner and Ed Oates, Oracle sells database software, ERP, HCM and CX applications (Fusion Cloud, NetSuite), and Oracle Cloud Infrastructure (OCI). In recent years it has pivoted hard toward AI-scale compute, striking large capacity deals with OpenAI and others and positioning OCI as a preferred cloud for AI training and inference.

- **Founded:** 1977
- **Headquarters:** Austin, Texas, USA
- **Founders:** Larry Ellison (Co-founder, Chairman & CTO), Bob Miner (Co-founder), Ed Oates (Co-founder)
- **Team size:** ~140,000 employees (after 2026 workforce reductions from ~170,000)
- **Products:** Oracle Database, Oracle Cloud Infrastructure (OCI), Oracle Fusion Cloud Applications, Oracle NetSuite, MySQL / MySQL HeatWave
- **Notable:** Pioneered the first commercially available SQL relational database management system., Steward of Java and MySQL, two of the most widely used technologies in software., Built OCI into one of the fastest-growing cloud infrastructure businesses in the industry.

## Products & services

- **Oracle Database** — Flagship multi-model relational database, including the Autonomous Database and Exadata engineered systems.
- **Oracle Cloud Infrastructure (OCI)** — Second-generation cloud platform for compute, storage, networking and gigawatt-scale AI training and inference.
- **Oracle Fusion Cloud Applications** — Cloud ERP, EPM, SCM, HCM and CX application suites for large enterprises.
- **Oracle NetSuite** — Cloud ERP and business management suite for small and mid-sized businesses.
- **MySQL / MySQL HeatWave** — The world's most popular open-source database and its integrated analytics and ML service.
- **Java** — The widely used programming language and platform, stewarded by Oracle since the Sun acquisition.
- **Oracle Health (Cerner)** — Electronic health records and healthcare technology following the Cerner acquisition.

## Achievements

- Pioneered the first commercially available SQL relational database management system.
- Steward of Java and MySQL, two of the most widely used technologies in software.
- Built OCI into one of the fastest-growing cloud infrastructure businesses in the industry.
- Signed among the largest AI compute capacity commitments in the industry, tied to the Stargate build-out.
- Reached remaining performance obligations of roughly $244B, up 359% year over year, in fiscal 2026.

## Latest updates

- **2026-07** — Oracle and OpenAI agreed to develop an additional 4.5 gigawatts of Stargate data center capacity in the US, bringing planned capacity to over five gigawatts.
- **2026-01** — Oracle elevated Clay Magouyrk and Mike Sicilia to co-CEOs; Safra Catz moved to executive vice chair of the board.
- **2026-01** — Oracle committed roughly $50B of fiscal 2026 capital expenditure to AI data center buildout, including Nvidia GB300 and AMD MI355X clusters.
- **2026-01** — Reported plans to reduce headcount by around 30,000 roles as it reallocates spending toward AI infrastructure.
- **2025-09** — Fiscal 2026 first-quarter remaining performance obligations rose 359% to about $244B on surging AI cloud demand.

## Links

- Website: https://www.oracle.com
- LinkedIn: https://www.linkedin.com/company/oracle/
- Twitter/X: https://x.com/Oracle
- GitHub: https://github.com/oracle
- YouTube: https://www.youtube.com/user/Oracle
- Instagram: https://www.instagram.com/oracle/
- Facebook: https://www.facebook.com/Oracle/

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Profile page: https://yespress.io/oracle
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Last updated: 2026-07-16