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 ...

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...

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Cincinnati City Council voted Wednesday to temporarily regulate new and expanding data centers while the city studies possible permanent regulations. The discussion started at the Cincinnati Planning ...

Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.

Oracle Corp. has given investors another reason to be nervous after revealing a plan today to raise between $45 billion and $50 billion this year, in order to fund the buildout of more data center ...

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...

Major U.S. indexes fall on AI weakness. Investors are growing enthusiastic over Chinese chipmakers. Netflix deal is "superior" to Paramount's, Warner Bros. says. U.S. approves $11.15 billion sale to ...

Dec 17 (Reuters) - Oracle said ‌talks for an equity deal to ‌support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations ...

Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.

Artificial intelligence (AI) agents are a breeze to create using Microsoft Copilot Studio, and almost just as easy to manipulate into divulging sensitive corporate data. Despite broad security ...