Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...
Oracle's OCI revenue is growing 66% YOY, outpacing AWS and Azure. Oracle is selling profitable business units and accumulating tens of billions in debt to fund the data center expansion needed to ...
Oracle and OpenAI are burning cash, and there are significant questions around their ability to raise commensurate funds to achieve their aims. Reports of OpenAI clarifying its spending plans are a ...
While Oracle stock (NYSE: ORCL) has dropped 24% this year—driven by "credibility" concerns regarding its OpenAI partnership and the high costs of AI infrastructure—historical data suggests a potential ...
Oracle shares have been battered as investors worry about the company’s debt levels and whether OpenAI will follow through on its commitments, but some analysts now see a buying opportunity. “The ...
An open letter signed by architects, DBAs, and engineers argues that closed development, missing AI‑era features, and declining commits demand a foundation-led model that includes Oracle but restores ...
OpenAI's (OPENAI) updated capital expenditures for artificial intelligence infrastructure appear positive for hyperscalers Microsoft (MSFT) and Oracle (ORCL), according to BNP Paribas Equity Research.
This is a preview of the February 19 edition of Access Health—Tap here to get this newsletter delivered straight to your inbox on Thursday mornings. I’m excited to share the lineup for Newsweek’s ...
ANN ARBOR, MI — A Washtenaw County judge on Friday denied a resident’s attempt to stop a planned data center being built in Saline Township. Rural resident Kathryn Haushalter, who lives near the ...
Dozens of hospitals have had their patient data compromised by a 2025 breach of Oracle Health’s legacy Cerner systems. Health systems continue to alert patients of the hack that occurred as early as ...