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 ...

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 ...

Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI ...

Oracle has two magic words for investors concerned with the company's aggressive data center spending: fast and cheap. Shares of the cloud giant rose as much as 10% on Tuesday after it surpassed ...

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 ...

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...

Oracle is betting heavily on AI data centers. The company's business has become alarmingly overexposed to one major client: OpenAI. The generative artificial intelligence (AI) trend has minted plenty ...

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 ...