Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...
In January, President Donald Trump announced the Stargate venture to ramp up U.S. AI deployment, with Oracle Executive ...
Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington ...
The database and cloud provider has an enormous opportunity thanks to AI -- but it doesn't come without risk.
Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts ...
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data ...
April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle data center ...
Oracle ended its fiscal third quarter with $553 billion in remaining purchase obligations -- up 325% year over year.
Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after ​negotiations ...