Driven by data, Oracle and Red Bull extend F1 title partnership

Oracle and Red Bull Racing announced on Thursday a multi-year extension of their data-driven Formula One title partnership and heralded a 'ground-breaking' AI-powered strategy agent for the sport's ...
Mint

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
dbta

Oracle Life Sciences AI Data Platform Unites Data and Agentic Intelligence to Accelerate Medical Breakthroughs

Oracle announced the Oracle Life Sciences AI Data Platform, a generative AI-enabled solution designed to empower pharmaceutical, medical device, research, and life sciences organizations to accelerate ...
Milwaukee Journal Sentinel

Huge Port Washington data center financing is 'on schedule,' Oracle says

Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.
CIO

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
moneycontrol.com

Oracle may slash 30,000 jobs amid struggle to finance AI data centres

Did our AI summary help? Oracle is preparing for what could be one of the biggest job cuts in its history as it struggles to fund an ambitious push into artificial intelligence data centres. According ...
Reuters

Oracle shares gain as $50 billion raise eases data-center funding fears

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...

Details of DTE Energy's deal with Saline data center developer shrouded by NDA

"This is very accommodating to DTE," one environmental attorney said about the nondisclosure agreements allowing DTE Energy ...
Inc42

Inc42 And Oracle Host Tech Leaders To Discuss AI Workloads And Cloud Economics

Inc42 and Oracle convened CTOs and tech leaders for a closed-door dinner focussed on real-world AI infrastructure challenges, ...
13abc

Data center developer asks for six-month extension in Oregon

OREGON, Ohio (WTVG) - The developer of a proposed $2 billion data center told Oregon City Council members he needs a six-month extension before signing a contract with the city, according to media ...
The Financial Times

Banks seek out new buyers for Oracle data centre loans

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Banks are tapping investors such as insurance companies and private credit funds as they try to find buyers for ...