Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...
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 ...
Oracle co-founder Larry Ellison (pictured) is one of the world's richest people Tech giant Oracle made "significant" job cuts on Tuesday, according to senior employees posting online. Michael Shepherd ...
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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 ...
The Stocks: Oracle (ORCL) is aggressively pivoting to AI infrastructure through its Oracle Cloud Infrastructure (OCI) business and integrating real agents into its software workflow automation, ...
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Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...
The past week has been a brutal one for many working in the tech and financial industries. Thousands of jobs have been lost—or will be lost soon—from companies including Block, Morgan Stanley, Capital ...
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 sets out "three-pronged strategy" to refresh its focus on MySQL There's a clear focus on community engagement and trust building MySQL's roadmap is also set to be available to view Oracle MySQL ...
Oracle cofounder Larry Ellison has seen an unrivaled $49 billion wiped off his net worth this year. His fortune shrank by about $9 billion to below $200 billion on Wednesday as Oracle stock slid 5%.