OpenAI Group PBC published an open letter signed by more than 100 technology companies, banks, insurers and security vendors warning that AI-enabled cyberattacks will become far more widespread within…
Emerald AI Inc., a data center power startup, raised $150 million in an oversubscribed Series A round at a $1.05 billion valuation, co-led by Energize Capital and DCVC, with participation from Nvidia,…
Cisco Systems Inc. expanded its Cisco Secure AI Factory with Nvidia Corp. to introduce Nvidia-certified rack-scale architectures, including liquid-cooled systems with Supermicro, aiming to bring hyper…
Bond traders have increased credit risk measures for Broadcom Inc. as it backstops mega AI financing packages, with yields on its 5.15% bonds due 2031 rising about 14 basis points in August and five-y…
Oracle Corp. (NYSE:ORCL) trades at $142.07, 42% below the Wall Street consensus target of $246.43, after a 39.6% decline over the trailing year driven by negative free cash flow of $23.686 billion and…
Oracle Corp. has launched an aggressive public relations campaign to win support for its 2.45 gigawatt Project Jupiter data center in Doña Ana County, New Mexico, part of its $300 billion computing de…
Oracle Corp.'s aggressive AI infrastructure spending has triggered a historic stock collapse, with shares falling more than 55% from their September 2025 peak and erasing roughly $494 billion in marke…
Oracle Corp. co-founder Larry Ellison's fortune dropped by about $125 billion from its June 2026 peak after Oracle shares fell, ranking him eighth-richest in the world, as the company's AI infrastruct…
Oracle Corp. is planning another round of job cuts as it seeks to control payroll costs while investing billions in AI infrastructure, with managers asked to identify employees for potential cuts and …
Oracle Corp. is planning another round of layoffs, with some teams facing double-digit percentage cuts, as the company continues to invest heavily in AI infrastructure, according to Business Insider. …
Oracle Corp. shares fell 3.7% to $145.48 in midday trading on August 12, after dropping about 4% the previous day, as investors questioned the company's ability to finance and earn returns on its AI d…
Oracle Corp. is preparing another wave of job cuts, with some teams facing double-digit percentage reductions, as the company manages debt from its AI infrastructure build-out, according to The Busine…
Oracle Corp. is preparing fresh layoffs as it ramps up spending on AI infrastructure, with managers asked to identify affected employees before its second fiscal quarter begins September 1, according …
Oracle Corp. shares plunged 12% on June 11, erasing roughly $72 billion in market value, after the company forecast about $70 billion in net capital expenditures for fiscal 2026, mostly for AI data-ce…
The Trump administration has lifted restrictions on the use of TikTok on federal government devices, after finding that the popular social media app no longer poses a national security threat followin…
NVIDIA Corp. is investing up to $3 billion in Lancium, a power infrastructure developer, to secure energy for AI data centers, with an upfront $2 billion for a 20% stake and a potential $1 billion mor…
A New York Times investigation into Oracle Corp. founder Larry Ellison's artificial intelligence strategy reveals that his $100 billion AI infrastructure bet, including a massive data center in Texas,…
Oracle Corp. reported fiscal year 2026 capital expenditures of $55.7 billion against $67.4 billion in revenue, consuming 82.6% of revenue and resulting in negative free cash flow of $23.7 billion, whi…
Oracle Corp.'s credit rating was cut to BBB- by S&P Global Ratings on July 9, 2026, and its stock has fallen more than 60% from its September 2025 high, as investors question whether the company's mas…
Oracle Corp. shares rose after the company expanded its partnership with Google LLC to integrate Google Cloud's Gemini AI models into Oracle's infrastructure, and Microsoft Corp. reported strong cloud…