Progress Software Corporation ( PRGS) Discusses High-Performance Multi-Database Connectivity and WinSQL Features May 7, 2026 1:00 PM EDT ...
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 ...
April 24 (Reuters) - Data center developer ⁠Related ⁠Digital said on ⁠Friday it has secured financing for a $16 ​billion data center campus it is building in ‌Michigan for Oracle.
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Oracle’s ORCL-1.08%decrease; red down 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 ...
Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...
Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
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 ...
Oracle has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.
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 ...
Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many ...