News of the Korean Air data breach comes just days after another major South Korean airline, Asiana Airlines, reported that the information of approximately 10,000 employees may have been stolen by ...
Oracle’s stock declined sharply following reports that a major funding partner withdrew from a landmark data center deal. The ...
Oracle Corporation (NYSE:ORCL) is included among the 13 Top Tech Stocks Paying Consistent Dividends. On December 17, Oracle Corporation (NYSE:ORCL) said talks around an equity deal for a major data ...
Crews officially began the first phase of construction on the Oracle, OpenAI and Vantage Data Centers facility and expect to ...
Oracle, Silver Lake, and MGX each secured 15% stakes in the newly formed JV, while ByteDance retains 19.9% ownership of what ...
As enthusiasm for AI matures, markets seem increasingly willing to distinguish between growth stories supported by budget ...
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Oracle’s $10B AI data center plan jolted by financing jitters
Could the departure of one partner unsettle the footing of a $10 billion AI mega-project? The latest market downturn at Oracle implies that it can and has. The company’s shares slumped by nearly 5% ...
A memo from TikTok’s top executive reportedly says that the social-media phenomenon inked deals to create a U.S. joint ...
Oracle has reportedly delayed some of its data center projects set for OpenAI workloads by as much as a year. The company made the move to delay projects from 2027 to 2028, Bloomberg reports, mostly ...
Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News ...
A data-center group that is closely linked to Oracle and OpenAI’s Stargate effort could test the market’s willingness to provide the trillions needed to deliver artificial intelligence over the coming ...
Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...
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