Oracle's stock experienced a significant drop after reporting quarterly results that missed revenue expectations, largely due to substantial spending on data centers for AI customers like OpenAI. The ...

Oracle's shares plunged over 11% after missing revenue targets, reigniting investor worries about its massive cloud expansion and the OpenAI deal. Despite solid earnings, the company has lost over ...

(Bloomberg/Carmen Reinicke) — Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different ...

MIT's "Project Iceberg" maps out the economic impact of AI. Companies overlook AI's impact on 9.5% of the US workforce. AI's disruptive potential will vary across industries and jobs. When considering ...

Oracle (ORCL) issued $18B in bonds and secured a $38B loan to fund AI expansion. Interest payments now consume roughly 20% of quarterly net income. Oracle shares dropped 42% from their September high ...

Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...

The finances of Silicon Valley’s two largest artificial-intelligence startups show their diverging approaches to the AI boom, with Anthropic on a pace to turn a profit far more quickly than rival ...

NEW YORK — Samourai Wallet developer Keonne Rodriguez was sentenced to five years in prison on Thursday for his role in creating a bitcoin mixing service that prosecutors say was used to launder $237 ...

RIYADH, Oct 28 (Reuters) - Oracle(ORCL.N), opens new tab CEO Mike Sicilia said on Tuesday that he is not concerned about an "AI bubble," adding that there is real value in artificial intelligence as ...

Daniel is a News Writer from the United Kingdom. Relatively new to the industry with almost three years of experience, he has focused on establishing himself in the gaming space. While he focuses on ...

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