Oracle announced Wednesday it will raise an additional $40 billion in debt and equity financing next fiscal year, adding to the $43 billion in debt it already raised, as the company ramps up spending …
Oracle reported fiscal fourth-quarter earnings that beat analyst expectations, with revenue of $19.2 billion and adjusted earnings per share of $2.11, while also announcing plans to raise $40 billion …
Oracle's artificial intelligence spending surged past analyst estimates in the latest quarter, pushing the company's total debt to $88 billion and raising concerns about its financial leverage. The te…
OpenAI is negotiating to lease a planned 10-gigawatt data center in Ohio, with Nvidia potentially serving as a financial guarantor for the project. The site, developed by SoftBank-owned SB Energy on f…
Technology companies cut 38,242 U.S. jobs in May 2026, the highest monthly total for the sector since August 2024, according to Challenger, Gray & Christmas. The year-to-date total of 123,653 tech job…
Gabrielle Tao left her senior vice president role at Salesforce in September to launch an AI startup, according to Business Insider. Tao, who spent over two decades at Oracle and Salesforce, cited rec…
SoftBank founder Masayoshi Son has committed approximately $87 billion to build AI data centers in France, marking a resurgence after his WeWork losses. Son also chairs the $500 billion Stargate AI in…
Gabrielle Tao, a former senior vice president at Salesforce, left her stable corporate role in her 50s to launch an AI governance startup, Tovix AI, after decades of feeling entrepreneurship was out o…
Walbridge, OpenAI, Oracle and partners broke ground this week on the $16 billion Stargate data center campus in Saline Township, Michigan, marking what Oracle and Related Digital call the largest sing…
Randy Shoup abandoned a legal career after a summer internship watching inventors create while he was relegated to note-taking, returning to Oracle to pursue engineering. He and Kent discuss the innat…
Job postings requiring both physical security and data centre expertise have nearly quadrupled since early 2020, driven by the AI infrastructure boom, according to a Business Insider report cited by I…
VDF AI Data now supports nine database types for enterprise AI data integration, including PostgreSQL, MySQL, SQL Server, Oracle, SAP HANA, Exasol, Presto, generic JDBC connections, and Jira. The plat…
Dell Technologies shares surged over 30% on Friday after the company reported strong first-quarter growth in artificial-intelligence hardware and secured a $9.7 billion contract with the Pentagon to p…
UCLA is pursuing a pre-litigation resolution with Oracle over a delayed software-as-a-service transformation project. The university is seeking to avoid a formal lawsuit by resolving the dispute befor…
Former Florida Attorney General Pam Bondi has been appointed to the Presidential Council of Advisors on Science and Technology, a panel that includes Meta CEO Mark Zuckerberg, Nvidia CEO Jensen Huang,…
AI-powered coding agents are poised to achieve what three decades of open-source idealism could not: mainstream enterprise adoption of Free and Open-Source Software (FOSS). While the ideological and t…
Amazon Web Services is in talks to add SpaceX's Grok AI models to its Bedrock platform, according to people familiar with the matter. The move would expand Bedrock's model lineup as AWS positions the …
Snowflake shares surged 35% and headed for their best day ever after the company boosted guidance and announced an AI compute deal with Amazon. The company topped Wall Street's fiscal first-quarter ex…
Warren Buffett said strong communication skills are essential for success, warning that those who cannot effectively convey their ideas are "giving up your potential." The legendary investor, who over…
Israeli technology companies and R&D centers are facing a wave of layoffs and closures in 2026, driven by currency strength, AI-related restructuring, and tighter fundraising conditions. VCCafe, citin…