Kind of, but there are some subtle differences in my opinion. Oracle is top-to-bottom evil, whose business model basically boils down to screwing over their clients and everyone else at every possible opportunity, comparable to the likes of McKinsey or Accenture.

IBM is a bit more nuanced. My wife grew up in an IBM town and a lot of her family and her friends’ families used to work there in the 70s and 80s. People, especially the engineers, used to take pride in their work there.

I think of IBM and GE as being cut from the same cloth back then- they treated their people well and dominated their markets.

Didn't they famously help both the Nazis and Apartheid South Africa?

Yes. Leased IBM equipment was a critical infrastructure component of the holocaust.