Oracle's cloud infrastructure revenue is surging, fueled by soaring demand for AI computing. Massive data-center spending is weighing on free cash flow and adding leverage to the balance sheet. The ...

Major U.S. indexes fall on AI weakness. Investors are growing enthusiastic over Chinese chipmakers. Netflix deal is "superior" to Paramount's, Warner Bros. says. U.S. approves $11.15 billion sale to ...

SALINE TWP., MI — Saline Township officials got an earful from residents opposed to a massive $7 billion, 2.2 million-square-foot data center for tech giants like OpenAI and Oracle to use. Some ...

The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...

The project is a joint effort by OpenAI, Oracle, and a real estate developer. The plan initially faced local opposition before a lawsuit settlement allowed it to proceed. A plan is underway to build a ...

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle Corp. in what would be the largest such deal for artificial intelligence ...

Oracle ORCL-4.13%decrease; red down 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 ...

Multiple shell companies tied to a data center project in Port Washington paid handsomely for 2,000 acres of farm land. Dozens of city meetings hashed out annexations, zoning, a development agreement ...

Oct 22 (Reuters) - OpenAI, along with Oracle (ORCL.N), opens new tab and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project, to keep the U.S. ahead ...

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 ...

Texas-based rapid-deployment power specialist VoltaGrid will deploy 2,300 MW of modular, ultra-low-emissions natural gas generation to support Oracle Cloud Infrastructure’s (OCI’s) artificial ...

Oracle’s new dual chief executives defended the company’s massive new investment in data centers, saying it will offer computing firepower and a suite of bundled services that will make artificial ...