Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...
Oracle layoffs are raising new concerns as the VA moves forward with its nationwide medical records system rollout.
Chinese hacking group Storm-1175 is compressing ransomware attacks from days into hours by exploiting vulnerabilities before ...
Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington and include workers in senior director and vice president roles.
Oracle Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...
Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise data where it already exists, rather than requiring ...
Discover how Big Tech is investing billions in AI data centers to power next-generation tech infrastructure, driving innovation, sustainability, and the future of artificial intelligence. Pixabay, ...
Oracle blows investors away with 22% ‘hyper growth’—but cash flow crunches to negative $24.7 billion
Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion and cloud infrastructure up 84% to $4.9 billion. The market rejoiced, sending the stock up ...
Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...
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 ...
March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...
COLUMBUS, Ohio (WCMH) – The Ohio Environmental Protection Agency released a draft for a new permit that would allow data centers across the state to release untreated wastewater and stormwater ...
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