Banks are looking to offload tens of billions of dollars in loans linked to Oracle’s (NYSE:ORCL) data center buildout, as ...
Oracle has confirmed it will be the tenant of a major data center campus being developed in Doña Ana County, New Mexico.
SALINE TWP., MI — Saline Township planners are mulling over ways to have more local control over heavy development, as ...
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 ...
By Kanishka Singh WASHINGTON, Jan 27 (Reuters) - Oracle on Tuesday said issues faced by U.S. users of social media app TikTok ...
Appetite for loans tied to Oracle's data center partnership with OpenAI has diminished, reflecting concerns over credit risk ...
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
Oracle shares gained 2.5 per cent on Monday after Wall Street analysts said the software company's $50 billion fundraising ...
As discussions between Nvidia and OpenAI strain, Oracle has assured its partners that financing for the Port Washington data ...
A weather-related power outage at an Oracle Corp. (NYSE:ORCL) data center caused technical disruptions for TikTok's U.S.
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 ...