Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports ...
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center ...
HARWOOD, N.D. — Oracle will lease the new data center being constructed in Harwood. The agreement is worth $2.15 billion and spans 15 years, with potential renewals lasting up to 25 years. Applied ...
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...
Today’s Forbes Daily newsletter also covers social media for AI agents, Trump’s $6.5 Billion fortune, IPO uncertainty for 2026, FDA warns Novo Nordisk and more.
The AI boom has produced plenty of big numbers and bold headlines—but few rival “Stargate,” the massive data center project backed by Oracle and OpenAI. Billed as a $500 billion bet on the future of ...