Oracle releases array of agentic applications for finance, supply chain, HR and customer relations

Oracle ( ORCL) released an array of new agentic applications for enterprises covering finance, supply chain management, human ...

Meta, Oracle and Qualcomm share details on layoffs across California

Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...

Oracle axes over 700 workers — the first wave in a bloodbath that could engulf 30K

New details reveal where tech titan Oracle’s layoff axe will fall in the Golden State: 318 workers in Redwood City, 184 in ...
Citizen's Voice

New Salem Twp. data center developer touts experience, environmental edge

The developer that recently spent over a half billion dollars to acquire land in Salem Twp. for a new data center campus touts more than 20 years of experience in the industry, using environmentally ...
Daily Herald

Developer withdraws application for controversial Lisle data center

A developer has scrapped a controversial plan to build a new data center on the former Lockformer property in Lisle. Village officials announced on social media Wednesday that the developer has ...
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 ...
24/7 Wall St

Jim Cramer: Oracle Is the King of Data Centers and Fastest Growing

Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
Abilene Reporter-News

Oracle disputes reports on Abilene AI data center expansion

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
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 ...
24/7 Wall St

Oracle Leads Data Center Stocks as Applied Digital and CoreWeave Sink

Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...
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 ...