Oracle's OpenAI backlog concentration, SMCI disruptions, and geopolitical threats to major data centers pose risks. See why ...
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Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
Software giant Oracle has named Hilary Maxson as its new chief financial officer amid thousands of layoffs that sent shockwaves through the company. Maxson, 48, formerly of Schneider Electric, assumes ...
Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...
Oracle shares hopped higher on Tuesday after word circulated that the company had begun to notify workers their jobs were being eliminated in what’s expected to be a surge of layoffs. The company’s ...
Oracle on Tuesday conducted a round of layoffs affecting thousands of employees, citing “current business needs,” according to multiple reports, resulting in a rise in the software maker’s stock as it ...
Oracle Corp. is imbuing its Fusion applications with agentic artificial intelligence in a move aimed at shifting operational software from an assistive role into direct execution of business processes ...
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 ...
Oracle is converting its massive backlog into revenue, which should accelerate growth in the next couple of years. The company's earnings growth potential and valuation suggest it is likely to deliver ...
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 ...
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