Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...

Oracle Targets AI Security With Database-First Protection Strategy

Oracle expands its AI database security strategy with new data protection, patching, and cyber resilience tools to help ...
Inc

Oracle and the AI Boom’s Hidden Debt Bomb

Of the major players in artificial intelligence, a few might reasonably be considered picks-and-shovels companies. Nvidia, led by Jensen Huang, is one. Another is Oracle, which under Larry Ellison has ...
Time

'Everyone’s a Line On a Spreadsheet:' Inside Oracle’s Mass Layoffs and the Workers Fighting Back

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...
The New York Times

Microsoft and OpenAI Loosen Their Partnership

Microsoft, OpenAI’s biggest financial partner, will continue to license the start-up’s technology but will no longer be its exclusive licensee. By Cade Metz and Karen Weise Cade Metz reported from San ...
KTXS

Lancium CEO says Abilene AI data center is fully financed, with Oracle and Microsoft

ABILENE, Texas — A major artificial intelligence data center project taking shape in northwest Abilene is fully financed and backed by long-term commitments from major tech companies, according to ...
24/7 Wall St

Wedbush’s Ives: Palantir, Oracle, Microsoft to dominate defense AI integration

Dan Ives of Wedbush Securities has been one of the loudest voices calling defense AI a generational spending cycle, and his latest comments make the investment thesis more concrete. Asked about the ...
Healthcare IT News

Oracle cuts staff, including from its health business

Oracle began sending thousands of layoff notifications via a Tuesday morning email as the cloud infrastructure giant continues to refocus resources toward artificial intelligence and other data center ...
Reuters

Microsoft to rent Texas data center dropped by Oracle and OpenAI, Bloomberg News reports

March 24 (Reuters) - Microsoft has agreed to rent a data center project in Texas that was originally being developed for ‌Oracle and OpenAI, Bloomberg News reported on Tuesday, citing people familiar ...
Reuters

Oracle reworks its suite of cloud software as 'agentic apps'

SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...
Seeking Alpha

Microsoft, Oracle seen as benefiting from AI, while Adobe, Docusign at risk: Jefferies

Following an artificial intelligence-themed survey with 30 chief information officers, investment firm Jefferies said Microsoft (MSFT), Snowflake (SNOW), and Oracle (ORCL) are its top picks in ...