The developer of a huge one-gigawatt data center says it has secured $16 billion in funding. The data center in rural Michigan will serve Oracle's AI business. Local residents have protested the data ...

Oracle’s ORCL6.47%increase; green up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including ...

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 ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...

Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday. The cloud giant is forecasting $50 billion in capital expenditures for the year. To maximize profit, Oracle is focused on cutting ...

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 ...

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...

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 ...

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 ...

Most of the world's information is stored digitally right now. Every year, we generate more data than we did the year before. Now, with AI in the picture, a technology that relies on a whole lot of ...