Oracle’s ORCL-1.08%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 ...

Pacific Investment Management Co. is in discussions with Bank of America (BAC) to help provide ~$14 billion of debt financing for an Oracle Corp. (ORCL) data center in Michigan. The financing would be ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle (ORCL.N), opens new tab data center in ‌Michigan, a source familiar with the matter ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

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 ...

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 reported its third-quarter earnings for fiscal 2026 on Tuesday. The cloud giant is forecasting $50 billion in capital expenditures for the year. To maximize profit, Oracle is focused on cutting ...

Tire giant Michelin has confirmed a data breach stemming from the massive cybercrime campaign that targeted organizations using Oracle’s E-Business Suite (EBS) solution. The Cl0p ransomware and ...

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. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs. The collapsed talks ...