Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data ...

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A rendering of Related Digital's proposed data center campus in Saline Township, Mich., near Ann Arbor, shows three single-story compute buildings totaling more than 1.6 million sq ft. The $16B ...

Oracle’s ORCL-4.73%decrease; red down pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Texas has become a hot spot for jumbo-sized data centers in far-flung locations that provide the heavy ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...

Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...

Oracle is participating in a massive AI infrastructure build-out. Its cloud infrastructure revenue grew 84% year over year, while remaining performance obligations (contracted revenue that hasn't been ...