Oracle Brings Mission-Critical Availability To The Agentic AI Era

Oracle AI Database 26ai introduces Platinum and Diamond availability tiers, post-quantum cryptography, and AI agent data ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
Business Insider

Oracle's latest earnings have soothed investors' AI fears, and the stock is surging

Oracle reported strong earnings on Tuesday, beating estimates on several key metrics. The results appear to be easing investors' fears about the breakneck pace of the AI buildout. Analysts praised the ...
Wired

Iran Warns US Tech Firms Could Become Targets as War Expands

Companies including Google, Microsoft, and Palantir were listed as targets by Iranian media as the conflict with Israel and the US spills into digital infrastructure. Major US technology companies ...
CNBC

Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

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 ...
SecurityWeek

Michelin Confirms Data Breach Linked to Oracle EBS Attack

Tire giant Michelin has confirmed a data breach stemming from the massive cybercrime campaign that targeted organizations using Oracle’s E-Business Suite (EBS) solution. The Cl0p ransomware and ...
CNBC

Oracle is building yesterday’s data centers with tomorrow’s debt

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...
Fox Business

Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
Bloomberg L.P.

Oracle and OpenAI End Plans to Expand Flagship Data Center

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 ...
Seeking Alpha

OpenAI and Oracle decide not to expand Texas data center site: report

OpenAI (OPENAI) and Oracle (ORCL) have decided not to expand their data center site in Abilene, Texas, from 1.2 GW to 2 GW, according to Bloomberg. Apparently, Oracle and OpenAI's expansion plans were ...
U.S. News & World Report

Oracle and OpenAI Drop Texas Data Center Expansion Plan, Bloomberg News Reports

March 6 (Reuters) - Oracle and OpenAI have abandoned ⁠plans ⁠to expand a flagship ⁠artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...
Shacknews

Oracle and OpenAI no longer moving forward with Stargate Texas data center expansion

Oracle and OpenAI have canceled their plans to expand their Stargate data center in Abilene, Texas, according to a report. However, the companies will continue to work on their 4.5 gigawatt agreement.