Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...

We now know another piece of the puzzle on why so many Oracle Health top executives have departed. Bloomberg’s Brody Ford has followed up his earlier report on five departures of key executives at ...

Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.

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 stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...

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 ...

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.

The Cl0p ransomware group has listed Mazda and Mazda USA as victims of the Oracle EBS campaign on its leak website. Mazda has confirmed being targeted in the recent Oracle E-Business Suite (EBS) ...

Formula One is a festival of loud sounds and extremely fast cars adorned with rainbow-bright liveries. Fans are devoted and thrilled by the F1 spectacle, which is unlike anything else in the world.

Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ...