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34 Oracle Projects Higher Near-Term Revenue, Shares Rise 8%

The Information
Amir Efrati @ The Information 1 place · today 17:02 EDT

Oracle Projects Higher Near-Term Revenue, Shares Rise 8%

Oracle shares rose 8% in after-hours trading Tuesday after the firm raised its projected revenue for the fiscal year that starts in June by about 8% to $90 billion. The disclosure, which Oracle made as part of its quarterly earnings report, may allay some concerns about the enterprise firm’s ...

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OpenAI is developing an alternative to GitHub, Microsoft’s popular code repository that lets software engineers store, share and collaborate on computer code, according to a person with knowledge of the project. The decision to embark on the new product came after OpenAI engineers, like other GitHub customers, experienced an increase in outages that took GitHub offline in recent months. Those outages prevented engineers from making changes or collaborating on code... Read more

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The Information
Katie Roof @ The Information · 03/03/2026 19:34 EDT

A venture firm just said the quiet part out loud: Things aren’t as copacetic in startup land as those sky-high AI valuations would suggest. Lux Capital on Tuesday published a letter it had sent to founders it has funded, urging them to prepare for a slew of business risks. The venture capital firm, which has backed Anduril and Ramp, noted that “signals suggest something is off,” observing that 10-year bond... Read more

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Erin Woo @ The Information · 03/03/2026 20:00 EDT

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The Information
Martin Peers @ The Information · 03/03/2026 20:00 EDT

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