Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Oracle reported first-quarter financial results in September with revenue and earnings per share missing analyst estimates. Guidance from the company sent shares higher, with Oracle one of the ...
TL;DR: Microsoft Notepad for Windows 11 now supports table creation with an easy toolbar grid and enhanced AI-powered Write, Rewrite, and Summarize tools for faster text generation. While these ...
It wasn’t that long ago that Oracle (ORCL) saw its market value skyrocket thanks to its implications for artificial intelligence. In September, management announced that it had a backlog of contracted ...
Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ...
OpenAI is planning to build five new data centers in the United States as part of the Stargate initiative, the company announced on Tuesday. The sites, which are being developed in partnership with ...
Ellison owns over 40% of Oracle and has largely benefited from the stock’s rapid rise in recent years. Oracle’s capital-intensive approach to cloud infrastructure is risky and takes buy-in from key ...
In the late 1970s, a startup founded by Larry Ellison and two fellow computer programmers got a big break in the form of a CIA contract to build a database program code-named Oracle, which later ...
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