Browsing Tag
Oracle Corporation
71 posts
Oracle proposes $300m Point Beach cost shift as Wisconsin AI campus expands
Oracle plans to subscribe to part of Point Beach Nuclear Plant’s power purchase arrangement, potentially shifting about $300 million of rising fuel costs away from Wisconsin utility customers as its massive Port Washington AI campus moves toward operation.
Can Tencent rent 100,000 AI chips abroad while US controls block China sales?
Tencent has reportedly secured five years of access to about 100,000 advanced AI chips through Oracle data centres in Southeast Asia for roughly $7 billion, shifting the US-China semiconductor contest from physical chip shipments toward the more complicated question of who can remotely use advanced computing installed outside China.
Oracle shares fall as Project Jupiter force majeure notice raises AI data-centre risk
Oracle Corporation shares came under pressure after Bloomberg News reported that the company issued a force majeure notice linked to Project Jupiter, its enormous New Mexico artificial-intelligence data-centre campus. Oracle says construction remains on schedule, while developer owner Blue Owl Capital says the notice does not change existing financial commitments.
Oracle layoffs deepen as $2.8bn restructuring collides with massive AI spending push
Oracle Corporation has begun another US layoff round as its restructuring bill reaches roughly $2.8 billion, even while cloud infrastructure growth and AI investment accelerate.
Oracle (ORCL) reports $19.3bn Q1 FY27 revenue as IaaS reaches $7.4bn
Oracle delivered 121% infrastructure cloud growth and added 850 MW of data center capacity in its fiscal first quarter, but $28.5 billion of capital expenditure and negative free cash flow keep the economics of its AI expansion under scrutiny.
Positron AI valuation jumps fourfold to $5bn as Liberty Global joins $875m funding round
Liberty Global backs Positron AI in an $875 million round valuing the Nvidia challenger at $5 billion as AI inference demand accelerates.
Oracle revenue jumped 17%, yet thousands more jobs could go. The $55.7bn AI bill explains why
Oracle is reportedly considering another broad workforce reduction that could affect thousands of employees globally, including workers in India, after its headcount already fell by roughly 21,000 in one year and annual capital expenditure surged 162% to $55.7 billion as the software giant races to build AI data-centre capacity.
Defence Holdings (LSE: ALRT) company profile: How the former Guild Esports listing pivoted into UK defence software
Defence Holdings PLC has transformed from the listed company formerly known as Guild Esports into an early-stage defence software and investment platform. Its first ÂŁ226,000 UK Ministry of Defence contract and partnerships with Oracle and Whitespace provide initial validation, but the short contract duration, operating losses and rapid expansion of its share count leave the wider investment case unproven.
Oracle secures $6.99bn, 10-year DoW IDIQ under Enterprise Software Initiative vehicle
Oracle wins a 10-year Department of War IDIQ worth up to $6.99B, but the ceiling flatters a task-order structure and a stock still 64% off its 2025 peak.
AMD launches Helios rack-scale AI platform as $AMD trades near 52-week high
AMD is moving beyond individual processors with an open, rack-scale AI architecture designed to challenge Nvidia across hardware, networking, software and data centre deployment.