Oracle's cloud infrastructure revenue is surging, fueled by soaring demand for AI computing. Massive data-center spending is weighing on free cash flow and adding leverage to the balance sheet. The ...

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 ...

It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...

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SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...

The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...

The project is a joint effort by OpenAI, Oracle, and a real estate developer. The plan initially faced local opposition before a lawsuit settlement allowed it to proceed. A plan is underway to build a ...

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle Corp. in what would be the largest such deal for artificial intelligence ...

Oct 22 (Reuters) - OpenAI, along with Oracle (ORCL.N), opens new tab and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project, to keep the U.S. ahead ...

Oracle (NYSE:ORCL) confirmed it expects its artificial intelligence infrastructure projects to generate gross margins ranging from 30% to 40% during its Financial Analyst Day on Thursday. The figure ...

Oracle’s new dual chief executives defended the company’s massive new investment in data centers, saying it will offer computing firepower and a suite of bundled services that will make artificial ...