Oracle AI Database Agentic AI: New Features Address Enterprise Data Pipeline Problem

Oracle announces agentic AI capabilities for Oracle AI Database, including Private Agent Factory, Deep Data Security, and ...

Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data ...
Daily Herald

Developer withdraws application for controversial Lisle data center

A developer has scrapped a controversial plan to build a new data center on the former Lockformer property in Lisle. Village officials announced on social media Wednesday that the developer has ...
24/7 Wall St

Jim Cramer: Oracle Is the King of Data Centers and Fastest Growing

Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
WTVD

Data center developer pulls back from Apex for now

APEX, N.C. (WTVD) -- After months of debate, a data center project near Apex that could have generated at least $4 million is no longer moving forward. "They had an aggressive timetable that our ...
Network World

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Reuters

Oracle says data center outage causing issues faced by US TikTok users

WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...
Business Insider

Oracle and OpenAI's AI data centers buildout needs $500 billion, and Wall Street is starting to flinch

Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
The Scranton Times-Tribune

Clifton Twp. to consider settlement with data center developer

Clifton Twp. will consider a settlement agreement Friday with the developer behind Lackawanna County’s largest proposed data center campus, potentially ending a legal challenge over whether the ...
Bloomberg L.P.

Oracle Says Blue Owl Not in Michigan Deal, Talks on Track

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
U.S. News & World Report

Oracle Says Michigan Data Center Project Talks on Track Without Blue Owl

Dec 17 (Reuters) - Oracle said ‌talks for an equity deal to ‌support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations ...