April 7 (Reuters) - Pacific Investment Management Co. is in talks with the Bank of America to help provide roughly $14 billion of debt financing to build an Oracle (ORCL.N), opens new tab data center ...

As tensions between the United States and Iran continue to ripple across allied nations like the United Arab Emirates, social media has been flooded with claims, including one alleging that Iran’s ...

Oracle is building some of the most powerful and most cost-efficient AI data centers in the industry, and demand is through the roof. The company has a record $553 billion order backlog from AI ...

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...

US-based IT firm Oracle has laid off thousands of employees globally, even as it continues to post strong revenue growth. The job cuts come as the company spends heavily on artificial intelligence (AI ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...

Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday. The cloud giant is forecasting $50 billion in capital expenditures for the year. To maximize profit, Oracle is focused on cutting ...

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 ...

OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence data center in Texas, according to a report by Bloomberg. The decision follows extended negotiations over ...

Oracle and OpenAI are pulling back on expanding their data center project in Abilene, Texas, a source familiar with the matter told Barron’s on Friday.

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 ...