The Saline, Michigan campus is huge. It will generate 1 gigawatt of electricity, making it one of the largest data centers in ...

PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.

Oracle is making good progress toward becoming a primary infrastructure provider for artificial intelligence models, which ...

Allbirds sells its footwear brand and pivots to AI cloud services as NewBird AI, sending shares soaring despite no prior ...

Oracle hired Hilary Maxson as the software giant’s new chief financial officer, effective immediately. Oracle on Monday said Maxson, 48 years old, joins from Schneider Electric, where she served as ...

Maxson says she aims for investment discipline Oracle faces investor concerns over growing spending Oracle shares have dropped about 25% this year April 6 (Reuters) - Oracle (ORCL.N), opens new tab on ...

Oracle fired up to 30,000 employees globally on 31 March, including an estimated 12,000 in India, in what analysts believe is the largest workforce reduction in the company's nearly 50-year history.

Shrapnel from intercepted drones injured four people in Bahrain, authorities said on Saturday, as Iran pressed its attacks on its Gulf neighbours. Separately, two buildings in Dubai were hit by debris ...

Oracle is cutting up to 12,000 jobs in India as it pivots to AI, with layoffs impacting nearly a quarter of its largest global workforce hub.

As tensions between the United States and Iran continue to simmer and a recent online reports claimed that Iran’s Islamic Revolutionary Guard Corps (IRGC) had targeted a data center belonging to US ...

The government of Dubai has strongly denied claims that an Iranian military unit attacked a data center belonging to Oracle in the city. The Dubai Government Media Office quickly responded to the ...