Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...

DTE Energy comfortably beat Wall Street’s fourth-quarter profit expectations today, crediting a wave of hyperscale data-center demand for giving its electric business an extra jolt. Executives pointed ...

Oracle is reportedly considering cutting between 20,000 and 30,000 jobs to fund its artificial intelligence (AI) data centre buildout. As per the report, several US banks have backed out of funding ...

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...

Abstract: An increasing number of web application services raises significant security concerns. Online access to these applications exposes them to multiple cyberattacks. The Open Web Application ...

Major U.S. indexes fall on AI weakness. Investors are growing enthusiastic over Chinese chipmakers. Netflix deal is "superior" to Paramount's, Warner Bros. says. U.S. approves $11.15 billion sale to ...

Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.

Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.

Penn is investigating a cybersecurity breach of its Oracle E-Business Suite servers that compromised the personal information of University-affiliated individuals across multiple states. The breach — ...

Dartmouth College on Tuesday confirmed suffering a data breach after cybercriminals targeted its Oracle E-Business Suite (EBS) instance. The Ivy League research university said it uses Oracle EBS to ...