Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks among the deepest in the company’s history. The figure, disclosed in the ...
Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...
The AI industry’s effort to build as many data centers as possible has spurred trillions in global debt. If that worries you, prepare to get even more worried. Oracle said in its earnings report on ...
Oracle ORCL-0.32%decrease; down pointing triangle shares plunged as the cloud-computing and software giant reported higher spending associated with its massive infrastructure expansion, despite rising ...
Microsoft announced a major expansion of the AI gateway capabilities in Azure API Management at Build 2026. The headline additions: a Unified Model API that lets clients speak one API format while ...
NASHVILLE, Tenn. (WSMV) - A major data company is planning to build a pedestrian bridge in Nashville. Oracle confirmed this week to WSMV4 that it will build a pedestrian bridge as part of its ...
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Oracle’s ORCL0.41%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 ...
Oracle (ORCL) has expanded its partnership with Bloom Energy (BE) to procure up to 2.8 GW of Bloom's fuel cell systems to support its AI data center buildout. Bloom's shares shot up 10% during early ...
Initial 1.2 GW now deploying across Oracle projects in the US Master agreement supports up to 2.8 GW of fuel cell capacity Expanded partnership aligns shared vision for energy and AI infrastructure As ...