The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...
Oracle planned to build one of its biggest data centers to meet cloud computing and AI demand. Oracle's biggest data center financier, Blue Owl, has financed multiple facilities. Concerns about Oracle ...
Oracle shares fall after report flags data centre financing uncertainty. Blue Owl exits talks on Michigan project linked to OpenAI. Investor concerns grow over AI spending, debt, and capital intensity ...
Oracle SEC filing reveals $248 billion in data center deals "Current" and "expected" demand are pushing widespread expansion Public, bank and private debts are providing the cash needed to grow Oracle ...
Oracle was hit with 11 class actions in November over its alleged failure to prevent or provide timely notice about a cyberattack that reportedly affected 29 companies using its software products. The ...
Oracle ORCL0.41%increase; green up pointing triangle and OpenAI are working with hyperscaler Vantage Data Centers to develop a data center campus outside Milwaukee. The planned $15 billion campus in ...
Oracle (NYSE:ORCL) confirmed it expects its artificial intelligence infrastructure projects to generate gross margins ranging from 30% to 40% during its Financial Analyst Day on Thursday. The figure ...
Oracle (NYSE:ORCL) revealed its new AI Data Platform, agents and a wide array of new partnerships during its AI World event in Las Vegas this week. Shares ticked up about 2% during intraday trading on ...
Oracle has fixed a zero-day vulnerability in one of its flagship business software products that a hacking group is currently abusing to steal personal information about corporate executives. In a ...