Tire giant Michelin has confirmed a data breach stemming from the massive cybercrime campaign that targeted organizations using Oracle’s E-Business Suite (EBS) solution. The Cl0p ransomware and ...

ABILENE, Texas (KTAB/KRBC) – Oracle is refuting recent media reports about their data center in Abilene, saying they are “inaccurate” and there is a “fundamental misunderstanding.” In a statement ...

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

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 ...

Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

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 ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Oracle and OpenAI are pulling back on expanding their data center project in Abilene, Texas, a source familiar with the matter told Barron’s on Friday.

(KRON) — Oracle is reportedly gearing up to cut thousands of jobs in order to fund AI data centers. According to a widely cited report in Bloomberg, the tech giant is facing a cash crunch as it looks ...

Oracle and OpenAI have canceled their plans to expand their Stargate data center in Abilene, Texas, according to a report. However, the companies will continue to work on their 4.5 gigawatt agreement.

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs. The collapsed talks ...