-Oracle revenue, profit beat as cloud business benefits from remote work

Oracle Corp signaled a recovery in client spending as remote work spurred demand for cloud services as well as traditional licensing business, helping it beat expectations for first-quarter results ...

‘Dozens’ of organizations had data stolen in Oracle-linked hacks

The mass-hacks targeting Oracle E-Business customers is the latest hacking campaign by Clop, an extortion group known for ...
clickondetroit.com

OpenAI shows off Stargate AI data center in Texas and plans 5 more elsewhere with Oracle, Softbank

ABILENE, Texas – The afternoon sun was so hot that OpenAI CEO Sam Altman traded his usual crewneck sweater for a T-shirt on the last legs of a Tuesday visit to the massive Stargate artificial ...
Android

Oracle to Retrain TikTok's Algorithm with U.S. User Data

A deal to prevent a US TikTok ban is now in place. The app’s algorithm will be copied, overseen by Oracle, and retrained using only American user data. This new, separate system addresses national ...
The Verge

Microsoft is turning Foxconn’s empty buildings into the ‘world’s most powerful’ AI data center

Brad Smith promises it won’t drain Lake Michigan dry. Brad Smith promises it won’t drain Lake Michigan dry. is the Verge’s weekend editor. He has over 18 years of experience, including 10 years as ...
The Motley Fool

Prediction: Oracle Will Surpass Amazon, Microsoft, and Google to Become the Top Cloud for Artificial Intelligence (AI) By 2031

Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...
SpaceNews

Axiom and Spacebilt to establish ISS data center node

Axiom Space and Spacebilt plan to install an optically interconnected orbital data center node on the International Space Station in 2027. Credit: Axiom Space PARIS, France – Axiom Space and Spacebilt ...
Inside Higher Ed

Proposed IPEDS Supplement Could Undermine Reliability of Admissions Data

This fall, as prospective students embark on the college admissions process, they—like millions before them—will turn to information sourced from one of the most reliable higher education data sets: ...
The Motley Fool

Oracle Just Delivered Incredible News for Nvidia, AMD, Broadcom, and Micron Investors

Oracle's data center revenue rose sharply last quarter as demand from AI developers for capacity continued to outstrip supply. Its remaining performance obligation rose by a remarkable 359% year over ...
CNET

OpenAI Needs Data Centers So Much, It Signed a $300B Deal With Oracle

Blake has over a decade of experience writing for the web, with a focus on mobile phones, where he covered the smartphone boom of the 2010s and the broader tech scene. When he's not in front of a ...
The New York Times

OpenAI Signs $300 Billion Data Center Pact With Tech Giant Oracle

The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...
Morningstar

Oracle Earnings: Skyrocketing AI Data Center Demand Fuels Outlook

Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...