On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy ...
Oracle stock reversed lower following a report Oracle and OpenAI are no longer in talks to expand a major AI data center.
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports ...
As the cloud giant spends billions on the AI race, it reassures investors that it is still "very good" at doing things on the cheap.
The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
Oracle Corp. told investors that surging demand for artificial intelligence infrastructure will sustain its data center expansion through at least 2027, a forecast that sent shares up roughly 8% after ...
Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial ...
Oracle will lease the new data center being constructed in Harwood. The agreement is worth $2.15 billion and spans 15 years, with potential renewals lasting up to 25 years. Applied Digital will ...
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...
Big Red's 400MW of data center stand-up is around the same as the previous quarter, but less than Microsoft’s 1GW. The company has secured 10GW of power for its data center pipeline over the next ...
March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...