The bearish perspective that Oracle is a legacy company losing the cloud battle is directly countered by the 84% increase in ...

Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...

ABILENE, Texas (KTAB/KRBC) – Oracle is refuting recent media reports about their data center in Abilene, saying they are “inaccurate” and there is a “fundamental misunderstanding.” In a statement ...

The race to build an AI ecosystem has propelled massive investments and brought the most unlikely players to the table. Oracle, the legacy enterprise software company launched in 1977 by co-founder ...

The AI boom has produced plenty of big numbers and bold headlines—but few rival “Stargate,” the massive data center project ...

Additional data-center capacity needed by OpenAI will be fulfilled by other Oracle data centers, a source told Barron’s.

Construction continues at the sprawling 1,000-acre Stargate site in Texas, even as OpenAI and Oracle drop plans to expand the ...

The shifting plans underscore the complexity of building out AI data centers, which are expected to cost tens of billions.

Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after ​negotiations ...

The Oracle Database@AWS is now available in Amazon Web Services' (AWS) CA-Center-1 region in Canada, and AP-Southeast-2 in Sydney, Australia. Oracle Database@AWS enables customers to migrate Oracle ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

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 ...