Larry’s risky business

The risk for Oracle is that it may be sinking a lot of money into building data centers for OpenAI, only for OpenAI to be ...
Wall Street Journal

Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

Oracle’s ORCL1.22%increase; green up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including ...
Business Insider

A Texas developer got a $2 billion loan to build Oracle data centers in the 'burbs

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Texas has become a hot spot for jumbo-sized data centers in far-flung locations that provide the heavy ...
The Motley Fool

Oracle Stock Hasn't Been This Cheap in 3 Years -- But Is It a Buy Right Now?

Most AI development happens in large, centralized data centers, which are fitted with thousands of specialized chips called graphics processing units (GPUs). Most businesses don't have billions of ...
The Next Web

Oracle is cutting up to 30,000 employees to pay for AI data centres

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
VentureBeat

Oracle converges the AI data stack to give enterprise agents a single version of truth

Enterprise data teams moving agentic AI into production are hitting a consistent failure point at the data tier. Agents built across a vector store, a relational database, a graph store and a ...
Forbes

Oracle AI Database Agentic AI: New Features Address Enterprise Data Pipeline Problem

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI ...
The Motley Fool

Oracle Agrees That AI Is Challenging the SaaS Model. Here's Why Oracle Thinks It's the Disruptor, Not the Disrupted.

Oracle has transitioned from a software licensing business to a high-margin, subscription-based database and database management software company, to now a major player in cloud computing, with OCI ...
CNBC

Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
Business Insider

Oracle tells investors not to worry about data center spending because its 'very, very good' at cost-cutting

Oracle has two magic words for investors concerned with the company's aggressive data center spending: fast and cheap. Shares of the cloud giant rose as much as 10% on Tuesday after it surpassed ...
CNBC

Oracle is building yesterday’s data centers with tomorrow’s debt

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...
Interesting Engineering

Meta eyes 2 GW Texas AI data center expansion abandoned by OpenAI, Oracle

OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence data center in Texas, according to a report by Bloomberg. The decision follows extended negotiations over ...