Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...
The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
Several global giants listed as victims of the Oracle EBS hack have remained mum on the impact of the cybersecurity incident.
Microsoft (MSFT) is apparently discussing leasing out segments of an uncompleted data center site in Abilene, Texas, ...
The AI boom has produced plenty of big numbers and bold headlines—but few rival “Stargate,” the massive data center project ...
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...
The shifting plans underscore the complexity of building out AI data centers, which are expected to cost tens of billions.
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence ...
SALINE TWP., MI — Construction of the “Stargate” data center in Saline Township has brought an increase in truck traffic, with some residents and local officials reporting traffic problems. Moving ...
Oracle says its Abilene AI campus is progressing on schedule.