If finalized, the deal would make PIMCO a key backer of a Saline Township data center where Oracle Corporation aims to run applications for OpenAI. ・The funding may be structured as a bond offering, ...

Oracle Corp. named Schneider Electric SE executive Hilary Maxson as its chief financial officer to help the company navigate massive data center development plans and an accompanying cash crunch.

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...

Related Digital is finalizing $16 billion of financing for a giant Oracle Corp. data center, after months of stop-and-start negotiations with investors. The developer has been rounding up cash to ...

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...

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 ...

WASHINGTON, March 31, 2026 /PRNewswire/ --ORACLE FEDERAL FORUM -- Oracle today announced the availability of Oracle AI Data Platform for US federal agencies. Purpose-built to securely connect industry ...

This story has been updated with comments from Related Digital. SALINE TWP., MI — A rural resident is not done fighting to halt construction of the “Stargate” hyperscale data center project that is ...

SALINE TWP., MI — Construction of the “Stargate” data center in Saline Township has brought an increase in truck traffic, with some residents and local officials reporting traffic problems. Moving ...

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 ...

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 ...