Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...
Oracle's stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%. Investors have grown skeptical about Oracle's ability to open ...
Oracle’s rapid descent from market darling to market warning sign is revealing something deeper about the AI boom, experts say: no matter how euphoric investors became over the last two years, the ...
The world is drowning in data. Every day, YouTube alone uploads 20 million new videos. That’s in addition to the selfies, emails, 8K videos and Zoom calls. We’re straining the physical limits of the ...
A federal court in Brazil sentenced 14 people to jail for laundering more than 508 million reais ($95 million) from international drug trafficking and other violent crimes, wrapping up a years-long ...
Oracle is among the firms spending the most in artificial intelligence. Alongside OpenAI and SoftBank Group Corp., it is a key player in Stargate, a project to rapidly invest $500 billion to build AI ...
Oracle has lost $315 billion in market value since announcing its $300 billion deal with OpenAI. The company is heavily in debt and relying on OpenAI for future revenue despite no guaranteed returns.
Nov 7 (Reuters) - A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg ...
Plasma, a high-performance layer-1 blockchain for stablecoins, has integrated with Chainlink as it looks to tap into the oracle platform’s solutions to scale applications on its network. Plasma has ...
Google says hackers associated with a prolific ransomware group are sending extortion emails to executives at “numerous” large organizations after claiming to have stolen their sensitive information ...
Executives at major firms received extortion threats alleging theft of sensitive data from Oracle EBS, with possible ties to Cl0p and FIN11. A significant number of organizations have received ...
Oracle has created an infrastructure business whereby it rents access to Nvidia's GPUs through a cloud-based system. This model is attractive for businesses that have trouble procuring GPUs but demand ...