Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports ...
Oracle Corporation (NYSE:ORCL) rejected recent media claims suggesting problems at its major AI data center in Abilene, Texas, saying the project remains on schedule and that it has secured the full 4 ...
March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...
Bloomberg reported on March 6 that Oracle and OpenAI had abandoned plans to expand the Abilene facility, citing prolonged ...
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
OpenAI and Oracle pause Abilene data center expansion as Meta eyes leasing the added 0.8GW in the Stargate Project.
Last week offered a clear split in the data center and AI infrastructure trade. Oracle held its ground and then some, rising on AI cloud momentum and an analyst upgrade. Meanwhile, CoreWeave and ...
Following reports that the cybercriminal group Clop has been extorting E-Business Suite customers, Oracle linked the campaign to vulnerabilities addressed in July. The data extortion campaign ...
Oracle Corporation ORCL is one of the most anticipated earnings reports of the week, with investors and analysts looking forward to third-quarter financial results on Tuesday after market close. Here ...