Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Oracle’s share price plummeted 10 percent on Wednesday after its quarterly revenue fell short of expectations. Larry Ellison’s firm, which has become a key player in the AI data center ecosystem ...
China has agreed to allow the export of chips critical to auto production, averting widespread shutdowns that had been predicted by the industry. The chips are provided by Nexperia, a Chinese-owned ...
As Abu Dhabi and Dubai kick off a significant week hosting annual energy and technology conferences, we want to share details of our ongoing and planned investments in the United Arab Emirates.
From fentanyl to rare earth minerals, President Donald Trump’s highly anticipated meeting with Chinese leader Xi Jinping on the last leg of his three-country Asia tour helped the world’s two biggest ...
The Democratic Republic of Congo will allow some cobalt exports to resume from next month, as the world’s biggest producer of the metal said quotas would replace a months-long ban on shipments. The ...
A leak of more than 100,000 documents shows that a little-known Chinese company has been quietly selling censorship systems seemingly modeled on the Great Firewall to governments around the world.
This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the restoration of access of Synopsys products to our ...
Data security provider Druva Inc. today announced expanded support for Microsoft Azure, including cloud-native data protection for Azure SQL and Azure Blob Storage. The new protection builds on ...
China has walked back nontariff measures imposed in response to U.S. President Donald Trump's tariff hikes. The suspension, announced Wednesday by the country's Commerce Ministry, covers both trade ...