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Employees at tech giant Oracle are facing down a fresh round of layoffs this month, the latest bad news out of an industry that’s either booming or brutal, depending on whom you ask. The…
Many tech giants have sought to deal with the surging costs of artificial intelligence by reducing expenses in other parts of the business Oracle is cutting jobs in its closely…
OpenAI and Oracle announced they will develop 4.5 gigawatts of additional US data centre capacity in an expanded partnership, furthering a massive plan to power artificial…
It will lease DayOne’s data centres located at Nongsa Digital Park on the Indonesian island of Batam Oracle will partner with DayOne Data Centers Singapore to establish its first…
OpenAI has agreed to rent a massive amount of computing power from Oracle data centres as part of its Stargate initiative, underscoring the intense requirements for cutting-edge artificial…
That revenue alone would represent nearly three times the size of Oracle’s current infrastructure business Oracle said it has signed a single cloud deal worth US$30 billion in…
Oracle investors are on cloud nine today as the stock reached record heights. The company’s fourth quarter earnings results beat expectations yesterday and projected even more gains in…
Oracle will spend around US$40 billion on Nvidia’s higher-performance chips to power OpenAI’s new US data centre, the Financial Times (FT) reported on Friday (May 23). The data centre,…
Major U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese artificial intelligence startup DeepSeek unveiled a new system that it says can compete…
APPLE and Oracle have reacted differently to President Donald Trump’s pledge that the US government will not enforce a national security law that raised potential penalties for US partners…
President Trump on Tuesday announced that OpenAI, Oracle and Softbank are partnering on a venture to direct more than $100 billion toward computing infrastructure that will power…
ORACLE missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday (Dec 9), hit by stiff competition and softer-than-expected spending on its database and…
