Oracle promotes two presidents to co-CEO role

Oracle trembles its acting suit because it sets its spectacular spaces on the AI ​​infrastructure domination. The company announced Monday that it was promoting it Clay Magauch and Mike Sicilia Co-Chief Executive OfficerThe

Magwirek joined Oracle from Amazon Web Services in 2014. He was a founding member of the Cloud Engineering team in Oracle and served as the president of the Cloud Infrastructure Business Unit in Oracle for more than a decade.

Sicilia has been the president of the industry department of Oracle since June. He has played various roles in the organization since the acquisition of Primira Systems in Oracle on the 21st of Oracle.

Oracle’s CEO Safra Katz Oracle has been the Executive Vice Chairman of the Board of Directors for 25 years.

“Today, Oracle is recognized as a favorite cloud for both AI training and infernsing,” Catz said in a statement. I am very proud of it. ” “Oracle’s technology and business have never been strong.

Although Tradition is known as a cloud infrastructure supplier, Oracle has recently started to cement its place in AI infrastructure. Earlier this year, the company announced its participation $ 500 billion Stargate project, OpenAI and Softbank to create data centers and AI infrastructure in the United States as well as the US

Early this month, it was reported that the company gave an ink Landmark Deal with Opena AI company to provide a count of $ 300 billion. Friday, Reuters reported that the company was doing a small signature – but still huge – Counting Agreement of $ 20 Billion With meta.

TechCrunch reached Oracle for further information related to transition.