Major Bay Area tech company Oracle announced mass layoffs Tuesday, notifying fired employees in an email at 6 a.m.. The message from one of the world’s largest software companies, chaired by ...
Zemetra projected fiscal 2026 revenue to be between $130 million to $145 million, stating, "which at the midpoint represents a 47% increase year-over-year from the low end of our 2025 preliminary ...
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 ...
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Intensive investments in AI data centers and infrastructure continue to ...
To finance its artificial-intelligence ambitions, Oracle is looking to raise more money at a time when Wall Street has gotten more worried about the level of financing underpinning the AI boom. The ...
The artificial intelligence corner of the tech industry is feeling anxious this week due to ongoing rumors that a possible deal worth $100 billion between NVIDIA and OpenAI may be in trouble. There’s ...
Google has announced a set of new Gemini features for Google TV at CES 2026, focused on making on-screen responses more useful and easier to understand from the couch. Google first introduced Gemini ...
For decades the data landscape was relatively static. Relational databases (hello, Oracle!) were the default and dominated, organizing information into familiar columns and rows. That stability eroded ...
Oracle (ORCL) stock dropped over 40% from its September peak of $877B valuation. Oracle’s $300B OpenAI contract assumes spending Oracle cannot guarantee. Oracle’s remaining performance obligations hit ...
Larry Ellison is putting his over $250 billion fortune on the line to bankroll his son’s Hollywood power play. The 81-year-old Oracle founder has agreed to personally guarantee up to $40.4 billion to ...
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.