The ratings on the data centre loans cover Oracle’s leases on $38bn of data centre facilities being built in Texas and Wisconsin, as well as an $18bn data centre campus in New Mexico, which is backed ...

Banks are looking to offload tens of billions of dollars in loans linked to Oracle’s (NYSE:ORCL) data center buildout, as ...

SALINE TWP., MI — Saline Township planners are mulling over ways to have more local control over heavy development, as ...

Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...

Oracle has confirmed it will be the tenant of a major data center campus being developed in Doña Ana County, New Mexico.

Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.

Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a ...

As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.

The job cuts are expected to free $8-10 billion in cash and consider selling Cerner, as U.S. banks pull back from financing ...

Severe winter weather caused a power outage at an Oracle data center, and many TikTok features were down for days.

The Oracle/TikTok partnership has since been formalized through the establishment of the TikTok USDS Joint Venture LLC, which was finalized last week, enabling continued operations in the country with ...