It's important to note here that not all AI spending is bad. For example, Microsoft will spend about $175 billion this year on AI infrastructure -- a massive amount, indeed -- but that has helped ...

The Pentagon announced on Thursday that it awarded Oracle an almost $7 billion Enterprise Software Agreement to consolidate all of the tech giant’s on-premises products and services into one contract ...

The Department of War announced Thursday that it awarded Oracle a software contract worth nearly $7 billion aimed at cutting costs and modernizing technology across the military. The agreement carries ...

Bay Area tech giant Oracle may have to pay billions to a Wisconsin utilities company over a massive data center campus being built in partnership with OpenAI. In April, the Public Service Commission ...

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Oracle (ORCL) trades at just 16x forward earnings despite 93% cloud infrastructure growth and a $638 billion contracted backlog. $55.66 billion in AI capex drove negative free cash flow, but funds ...

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Oracle fired 21,000 workers citing AI adoption, but stock down 14% and negative free cash flow of $1.87 billion suggest financial distress. Unlike MSFT and GOOG, Oracle burned $23.7 billion in cash ...

Oracle Corporation reported increased revenue of 21% year-over-year (YOY) for its fiscal fourth quarter, but it wasn’t enough to please stockholders. The company’s shares (NYSE: ORCL) dropped over 10% ...

SALINE TWP., Mich. (WXYZ) — Michigan's largest-ever investment — a $16 billion data center campus — held its groundbreaking Monday in Saline Township, drawing ...

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...