WASHINGTON, Jan 27 (Reuters) - Oracle on Tuesday said ‌issues faced by U.S. users of social ‌media app TikTok are the result of a temporary weather-related power outage at an Oracle data center, after ...

Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal. The bond offering followed ...

Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...

NEW YORK, Jan 14 (Reuters) - Oracle (ORCL)was sued on Wednesday ‌by bondholders who say they ‌suffered losses because the company led by billionaire Larry Ellison ⁠failed ‌to disclose it needed to ...

Artificial intelligence is growing fast, and big tech companies like Google, OpenAI, Meta, and others are spending billions to build smarter AI models. But Oracle founder Larry Ellison believes there ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...

Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...

Amid fears that Oracle (ORCL) could raise as much as $100B in debt to fund its ambitious artificial intelligence endeavors, investment firm BNP Paribas believes the number is much smaller than that.