Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...

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 ...

(KRON) — Oracle is reportedly gearing up to cut thousands of jobs in order to fund AI data centers. According to a widely cited report in Bloomberg, the tech giant is facing a cash crunch as it looks ...

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 ...

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 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 ...

Conewago Township officials are considering two rural properties for data center development. The AI boom has created a high demand for data centers, attracting bipartisan political support in ...

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 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 shares sank on Thursday after revenue earnings missed analyst expectations. Other AI-related names like Nvidia, Micron and CoreWeave fell alongside it. Investors have questioned Oracle's AI ...

Cerner was dismissed as a messy integration. Now it looks more like an AI jackpot. Oracle sits inside hospitals, insurers, clinical workflows and electronic health records — the parts of U.S. health ...