Oracle’s debt ‘unlikely’ to trigger cut to junk grade, UBS says

The software company’s rating could be cut one notch to the lowest investment-grade tier, but worries that Oracle may be ...
Seeking Alpha

Oracle erases some losses as company denies report of data center delays

Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
Bleeping Computer

Oracle denies breach after hacker claims theft of 6 million data records

Oracle denies it was breached after a threat actor claimed to be selling 6 million data records allegedly stolen from the company's Oracle Cloud federated SSO login servers. "There has been no breach ...
GovCon Wire

What’s Next for Cloud? Oracle’s Steve Derr Shares Insights

Cloud technologies have become widely adopted across the federal government. The Department of Defense made a significant investment in cloud at the end of 2022 with its $9 billion multi-vendor JWCC ...
Reuters

Oracle denies report on OpenAI data center delays

Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
Bloomberg L.P.

Oracle in Talks With Meta on $20 Billion AI Cloud Deal

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...