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 ...

Oracle has emerged as the epicenter of Wall Street’s uneasiness around Big Tech’s massive spending on artificial intelligence infrastructure. But the firm this week revealed strong earnings numbers, ...

OpenAI is walking away from expanding its flagship Stargate data center with Oracle because it wants next-generation Nvidia chips at new sites instead. Oracle is the only major player funding the AI ...

Investing.com -- Oracle Corporation (NYSE:ORCL) pushed back against recent media reports about its flagship Abilene, Texas AI data center, stating that the facility remains on track and that the ...

Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...

Investor Michael Burry, in a post on X on Tuesday, claimed that OpenAI backed out of a major data centre arrangement with Oracle because it preferred a different generation of chips from Nvidia.

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 ...

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 familiar ...

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 ...

Stargate's Texas data center expansion to 2GW could be axed, capping it at 1.2GW The Abilene campus has already faced a number of challenges OpenAI may want to focus on accommodating newer chips ...