Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...
Oracle’s stock has dropped 19% within just one month, unsettling investors who previously witnessed its rise earlier this year. The decline began after a revenue miss in the December quarter, but a ...
Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...
Look at Oracle if you want to assess the sustainability of the AI investment boom: Its credit default swaps are emerging as a way to 'hedge the entire debt cycle within AI' For a few brief weeks in ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Google unveiled the text-to-video Flow AI filmmaking tool at Google I/O 2025 in May alongside Veo 3, revealing that filmmakers had already used Flow to create specific scenes in an upcoming theatrical ...
Jade Mali, who has posted about her gender transition for thousands of followers on TikTok, opens up to PEOPLE about sharing her identity at her corporate job Luke Chinman is a writer at PEOPLE. He ...
Oracle and OpenAI's Stargate data center in Shackelford County, Texas, will be powered by an on-site natural gas plant. Voltagrid, partner of site developer Vantage Data Centers, is building the ...
BOSTON – The American Civil Liberties Union of Massachusetts, together with the ACLU’s Immigrants’ Rights Project, the ACLU of New Hampshire, the ACLU of Maine, the law firm Araujo and Fisher, the law ...
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