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Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about risk, strategy, and long-term returns.

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

March 24 (Reuters) - Microsoft has agreed ⁠to ⁠rent a data ⁠center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News reported ‌on Tuesday, citing people ...

Add Yahoo as a preferred source to see more of our stories on Google. Cranes work to position concrete panels at the site of the future Applied Digital data center near Harwood, North Dakota, on March ...

The former chief executive of British oil company BP BP-6.56%decrease; red down pointing triangle is jumping into the American artificial-intelligence boom. Bernard Looney is taking on the chief ...

Brookfield Infrastructure Partners (BIP) was upgraded at Morgan Stanley on Monday to Overweight from Equal Weight with a $45 price target, citing accelerating growth as a leading data center developer ...

FAIRFAX COUNTY, Va. (7News) — A number of Fairfax County residents are expressing concerns about government transparency after the county’s board of supervisors approved a nearly $167 million sale of ...

Iran's Islamic Revolutionary Guard Corps (IRGC) claims it has struck a data centre belonging to US tech firm Oracle in Dubai, fuelling fresh anxieties about attacks on commercial technology ...

The Joliet City Council approved a 795-acre, $20B data center proposal late last week despite community concerns, as a state commission gave the go-ahead on new charges for large data center projects.

Perry Village is looking into the possibility of creating a payment in lieu of taxes program for the developer of a data center that might be built on the former Champion Farm property. Payment in ...