The Verge

Larry’s risky business

Posts from this topic will be added to your daily email digest and your homepage feed. is a reporter who writes about tech, money, and human behavior. She joined The Verge in 2014 as science editor.
Wall Street Journal

Oracle’s Deluge of AI Debt Pushes Wall Street to the Limit

Oracle’s ORCL1.22%increase; green up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including ...
Business Insider

A Texas developer got a $2 billion loan to build Oracle data centers in the 'burbs

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Texas has become a hot spot for jumbo-sized data centers in far-flung locations that provide the heavy ...
Business Wire

Bloom Energy and Oracle Expand Strategic Partnership to Deploy up to 2.8 GW to Accelerate AI Infrastructure Build-Out

Initial 1.2 GW now deploying across Oracle projects in the US Master agreement supports up to 2.8 GW of fuel cell capacity Expanded partnership aligns shared vision for energy and AI infrastructure As ...
The Motley Fool

Oracle Has Taken on Serious Debt to Fund Its AI Ambitions. Can the Gamble Pay Off?

Artificial intelligence (AI) is the latest technology craze, and many people believe, quite realistically, that it will change the world. Oracle's enterprise application business could be impacted by ...
Forbes

Oracle Lays Off 30,000 As AI Spending Surges

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...
Seeking Alpha

Oracle begins laying off employees to support AI buildout: report

Oracle (ORCL) started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure buildout, according to Business Insider. Shares rose 3% in midday ...
SFGate

Oracle reportedly blindsides staff with emailed layoffs, more than 150 from Bay Area

LATEST April 2, 3 p.m. More than 150 workers from Oracle’s Pleasanton campus at 5815 Owens Drive will be included in companywide layoffs, according to a WARN notice sent to the California Employment ...
Forbes

Oracle AI Database Agentic AI: New Features Address Enterprise Data Pipeline Problem

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI ...
CNBC

Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
The Motley Fool

Oracle's stock and its bonds are coming under pressure

Lee Samaha: Oracle's stock has declined by more than 55% since news of its $300 billion deal with OpenAI was announced. Equity investors are growing increasingly worried about the cost of the buildout ...
Bloomberg L.P.

Oracle and OpenAI End Plans to Expand Flagship Data Center

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...