The tech giant is piling on debt to fund AI data centers.
Oracle’s Q2 results reveal rising debt, heavy AI capex, and weakening fundamentals—signaling a potential cash crunch for the ...
Oracle's venture into the AI realm, particularly through its cloud business with Nvidia, is encountering significant profitability hurdles. According to internal documents, Oracle's cloud unit focused ...
Related Companies has committed to constructing a data-center campus exceeding $7 billion in Saline Township, Michigan, for Oracle and OpenAI’s Stargate project. This initiative marks a significant ...
ABILENE, Texas (Reuters) -OpenAI, Oracle and SoftBank on Tuesday announced plans for five new artificial intelligence data centers in the United States to build out their ambitious Stargate project. U ...
Oracle shares fell more than 6% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter as it ramps up spending on data centers ...
The software giant already has a mountain of debt.
Oracle Corp. today announced the general availability of Oracle AI Database 26ai and Oracle Autonomous AI Lakehouse, both aimed at supporting artificial intelligence training and inference across ...
Oracle (NYSE:ORCL) confirmed it expects its artificial intelligence infrastructure projects to generate gross margins ranging from 30% to 40% during its Financial Analyst Day on Thursday. The figure ...
Oracle Chairman Larry Ellison said Wednesday that the company sold its stake in chip designer Ampere Computing “because we no ...
The fall event season advanced the AI conversation, but burning questions remain. Enterprise AI is pushing ahead - not by idealizing stand-alone LLMs, but by constraining LLM architectures into ...
ABILENE, Texas, Sept 23 (Reuters) - OpenAI, Oracle (ORCL.N), opens new tab and SoftBank (9984.T), opens new tab on Tuesday announced plans for five new artificial intelligence data centers in the ...