WXYZ

Oracle, OpenAI 'Barn' data center breaks ground in Saline Township, additional community investments announced

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

Securities Fraud Investigation Into Oracle Corporation (ORCL) Announced – Investors Who Lost Money Urged to Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud ...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Oracle Corporation ...
24/7 Wall St

Wedbush Crowns Oracle a Foundational AI Infrastructure Play With a $225 Price Target

Wedbush initiated coverage of Oracle (NYSE:ORCL | ORCL Price Prediction) on April 24 with an Outperform rating and a $225 price target, framing the database giant as “a foundational infrastructure ...
Wall Street Journal

Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

Oracle’s ORCL0.02%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...
Bloomberg L.P.

Oracle Agrees to Buy Power From Bloom for AI Data Centers

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
CNBC

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Austin American-Statesman

Oracle layoffs reported as company pushes deeper into AI

Oracle Corp. has begun layoffs that could affect thousands of employees to cut costs amid heavy debt-funded spending on artificial intelligence infrastructure. The Austin-based cloud computing company ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
VentureBeat

Oracle converges the AI data stack to give enterprise agents a single version of truth

Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...
Forbes

Oracle AI Database Agentic AI: New Features Address Enterprise Data Pipeline Problem

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI ...
Business Insider

Oracle tells investors not to worry about data center spending because its 'very, very good' at cost-cutting

Oracle has two magic words for investors concerned with the company's aggressive data center spending: fast and cheap. Shares of the cloud giant rose as much as 10% on Tuesday after it surpassed ...