Yahoo Finance

Oracle outlook seen as ‘first step’ in countering AI disruption fears: Wedbush

Oracle Corp (NYSE:ORCL, XETRA:ORC)’s latest outlook as an early sign that enterprise software vendors are beginning to demonstrate tangible returns from artificial intelligence investments, according ...
AOL

Oracle is under pressure from more than $100 billion in debt and massive layoffs as it pushes ahead with Larry Ellison’s 3-step transformation

The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third-quarter earnings drop amid a spotlight on its heavy borrowing and negative free cash ...
Bloomberg L.P.

Oracle and OpenAI End Plans to Expand Flagship Data Center

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...