Hilary Maxson, formerly group CFO at Schneider Electric, joins Oracle as it cuts 30,000 jobs and commits $50 billion to AI ...

Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...

Oracle’s setup is stronger than it was a year ago. The company has a $553 billion backlog, a higher FY2027 revenue target, a ...

April 7 (Reuters) - Pacific Investment Management Co. ⁠is ⁠in talks with the ⁠Bank of America to help provide roughly $14 ...

Pimco and Bank of America are in talks on $14B bond financing for an Oracle Michigan data center, with Blackstone adding equity.

On the server and on the desktop, these apps helped showcase what Linux can do.

Oracle is introducing the Oracle AI Data Platform for U.S. federal agencies-purpose-built to securely connect industry-leading generative AI models with agency data, applications, and workflows.

The pre-built agents and Private Agent Factory itself would help developers accelerate agent building, especially those ...

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 is pivoting toward cloud infrastructure, and that has proved controversial on Wall Street due to the heavy spending it requires. Can the company sway the doubters with its third-quarter results ...

Oracle stock appears to be trading as a proxy for the market's view on OpenAI's ability to raise funds. The market needs clarity on OpenAI's funding and Oracle's ability to meet its AI spending ...

Earlier this month, Apple confirmed its blockbuster $2 billion acquisition of the mysterious AI startup Q.ai. In addition to that deal, Apple also recently acquired a database company called Kuzu.