Pacific Investment Management Co. is in talks with Bank of America Corp. to help provide roughly $14 billion of debt financing to build a massive Oracle Corp. data center in Michigan, according to ...

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.

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 ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle (ORCL.N), opens new tab data center in ‌Michigan, a source familiar with the matter ...

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 has cut an unspecified number of jobs as the software giant looks to reduce costs and continue growing its artificial intelligence business, according to former employees and multiple reports.

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 ...

Oracle began laying off employees Tuesday in what analysts believe could become one of the largest workforce reductions in the company’s history, cuts that appear tied to the skyrocketing cost of ...

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

March 24 (Reuters) - Microsoft has agreed ⁠to ⁠rent a data ⁠center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News reported ‌on Tuesday, citing people ...

Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...