The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...

The race to build an AI ecosystem has propelled massive investments and brought the most unlikely players to the table. Oracle, the legacy enterprise software company launched in 1977 by co-founder ...

Oracle Corp (NYSE:ORCL, XETRA:ORC) is planning to cut thousands of jobs as it works to manage the financial strain from a major expansion of artificial intelligence data centers, according to a report ...

The push to the cloud will improve performance and security in addition to allowing for new features, said Larry Ellison, Oracle chairman and CTO, during the earnings call. Although the business is ...

PORT WASHINGTON, Wis. — The name and users have been announced for the billion-dollar data center campus planned in Port Washington. Denver-based Vantage Data Centers on Wednesday announced that ...

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...

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 ...

Dozens of Michigan Public Service Commission staff members signed a nondisclosure agreement with DTE Energy Co. that allowed them to see unredacted copies of DTE's electricity contracts with the tech ...

Facebook, Tiktok, and Instagram is down for users across the globe as hundreds of people report outages. Users have reported receiving ‘Your account is currently unavailable due to a site ...

Hollywood is bracing for layoffs and big creative changes if the Paramount-Warner Bros. Discovery mega-merger goes through.

It takes a lot of computing power to run an AI product — and as the tech industry races to tap the power of AI models, there’s a parallel race underway to build the infrastructure that will power them ...