Bloom Energy (BE) up 2.3% post-market Monday after Oracle (ORCL) and BorderPlex Digital Assets said they will utilize Bloom's fuel cells to fully power the planned multi-billion dollar Project Jupiter ...

Oracle’s ORCL-1.08%decrease; red down pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including ...

Texas is becoming a hot spot for AI data centers, including mega-campuses like Stargate in Abilene.Bloomberg/Getty Images Texas has become a hot spot for jumbo-sized data centers in far-flung ...

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle (ORCL.N), opens new tab data center in ‌Michigan, a source familiar with the matter ...

Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

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 ...

Oracle began laying off employees Tuesday in what analysts believe could become one of the largest workforce reductions in the company’s history, cuts that appear tied to the skyrocketing cost of ...

Oracle's quarterly revenue jumped 22% year over year to $17.2 billion, exceeding the $16.9 billion Wall Street estimate. The company's non-GAAP earnings growth of 21% to $1.79 was a bigger surprise, ...

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 ...

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 ...