Oracle Corp. named Schneider Electric SE executive Hilary Maxson as its chief financial officer to help the company navigate ...
Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...
Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington and include workers in senior director and vice president roles.
A hearing on the next stage of one of New Jersey’s largest artificial intelligence data center projects has been postponed days after local residents protested the facility. The Vineland Planning ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Cranes work to position concrete panels at the site of the future Applied Digital data center near Harwood, North Dakota, on March ...
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 ...
OAKLEY — A proposed industrial project that had initially included data centers had the controversial use removed by the developer at the last minute following pushback from the community over ...
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Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...
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 ...