Oracle’s stock sinks 57% as the company cuts 30,000 jobs to fund a $10 billion AI push, raising concerns about cash flow, ...

This story has been updated with comments from Related Digital. SALINE TWP., MI — A rural resident is not done fighting to ...

Data center investor Related Digital is reportedly close to finalizing $16 billion in financing for an Oracle data center.

Oracle has just let go of "some 10,000" people, according to one employee who recently spoke to the BBC. There's been some ...

Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and ...

March 24 (Reuters) - Microsoft has agreed to rent a data center project in Texas that was originally being developed for ...

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

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle stock peaked at around $328 last September, and it has since plummeted by 57%. By one widely used valuation metric, ...

As it announces one of the biggest funding rounds in history, OpenAI has trumpeted hundreds of billions in other deals and ...

Corti, maker of AI foundation models for healthcare, has released a new agentic model for medical coding that it says ...