Oracle releases array of agentic applications for finance, supply chain, HR and customer relations

Oracle released an array of new agentic applications for enterprises covering finance, supply chain management, human ...

Meta, Oracle and Qualcomm share details on layoffs across California

Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...
KPBS

Candidate with ties to data center developer enters race for Imperial Valley utility board

A candidate with ties to a Southern California data center developer is wading into a major Imperial Valley election as the company seeks to build a massive $10 billion data center complex in the ...
CNBC

Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
Big Country Homepage

‘Fundamental misunderstanding’: Oracle refutes recent media reports about Abilene data center

ABILENE, Texas (KTAB/KRBC) – Oracle is refuting recent media reports about their data center in Abilene, saying they are “inaccurate” and there is a “fundamental misunderstanding.” In a statement ...
24/7 Wall St

Oracle Leads Data Center Stocks as Applied Digital and CoreWeave Sink

Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...
Bloomberg L.P.

Oracle and OpenAI End Plans to Expand Flagship Data Center

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...
U.S. News & World Report

Oracle and OpenAI Drop Texas Data Center Expansion Plan, Bloomberg News Reports

March 6 (Reuters) - Oracle and OpenAI have abandoned ⁠plans ⁠to expand a flagship ⁠artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...
U.S. News & World Report

Oracle Plans Thousands of Job Cuts as Data Center Costs Rise, Bloomberg News Reports

March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...
Hoodline

DTE Surges Past Profit Targets As Oracle Data Center Deal Stirs Michigan Fight

DTE Energy comfortably beat Wall Street’s fourth-quarter profit expectations today, crediting a wave of hyperscale data-center demand for giving its electric business an extra jolt. Executives pointed ...
Morningstar

Oracle: Strong Generative AI Demand Supports Data Center Buildout

Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...