Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...

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 ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

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 ...

(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 (ORCL) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The ...

Khamosh Pathak is a freelance tech journalist with over 13 years of experience writing online. An accounting graduate, he turned his interest in writing and technology into a career. He holds a ...

SALINE TWP., MI —A Saline Township resident living near the massive “Stargate” data center under construction off West Michigan Avenue/U.S. 12 will have her day in court on Friday, Feb. 20. In ...

SALINE TWP., MI — Construction truck traffic got even heavier this week on Michigan Avenue/U.S. 12 through the Saline area with residents already reporting issues since late last year. It is due to ...

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

Newark, Del.-based ChristianaCare and Oracle Health have been sued over a data breach involving the EHR vendor’s legacy Cerner systems. “We do not comment on pending litigation,” a ChristianaCare ...

Major U.S. indexes fall on AI weakness. Investors are growing enthusiastic over Chinese chipmakers. Netflix deal is "superior" to Paramount's, Warner Bros. says. U.S. approves $11.15 billion sale to ...